AI data centers

“I'm planning for industrial load growth of the sort that grids haven't known since maybe they were building greenfield smelting capacities or things like that.”

“I'm not so sure that it is going to be as dramatic as people think, both because I think there's a little bit of the toilet paper problem going on here... You've got all of these companies that think AI is going to be massive and want AI to be massive, and th…”

“We thought maybe hydrogen would be first because of the supply side supports under the IRA. The demand just didn't materialize, and now all of a sudden, AI has just swept up all of the assets that we developed for, you know, behind the meter And co-located loa…”

“Every second you aren't running that at a hundred percent capacity factor is enormous amortized cost, right? So that it's just, it's one of those things where it's like, you'd be a fool to turn it down. You have to at some points because operationally, you kno…”

“Where, you know, the power, the amount of power, and even the amount of financing required to meet these upper end projections, it doesn't exist, right?”

“We've got 50 to a hundred gigawatts of latent AI demand in the pipeline. It's just not gonna get built unless you have this capability of flexibility.”

“Data centers, which today are about four percent of American energy consumption, AI data centers are about five gigawatts of load, grow to 12% by the end of the decade. AI data centers could be anywhere up to 50 or even more gigawatts, to 25% of American load …”

“Historically, a data center might lose 33% of the power or use it, 33% of that power for non-IT or information technology uses, and the remaining 66 or 67% goes into actual computations. Nowadays, with the increasingly customized design of these AI factories a…”

“If you look in West Texas and you were to sign a solar and wind kind of affirmed green power purchase agreement in, in Texas and Urquhart territory three years ago, you might've paid 35 dollars a megawatt hour for that product. Today you're paying 65, maybe mo…”

“What they do in large part, because those spikes are actually problematic, not just to the grid, but to the equipment inside the data center as well. So what they do at least sometimes to manage that is they create dummy workloads. So they keep the power profi…”

“Aero derivatives are traditionally used for very specific applications, and they're not being used necessarily to power things all the time, constantly for a decade straight. They can, but that's just not typically within the design spec.”

“We think that they're going to surprise everyone in their deployment speed and scale up, and, you know, just looking at the landscape of energy demand in the U.S. We haven't grown the grid for decades and yet now we have this huge surge of demand for data cent…”

“I think the way big data centers, big data center campuses are going to look like a few years from now, again, like, obviously the scenario is we keep adding tens of gigawatts per year that keeps growing, so, you know, we're in this AI scenario. I'm, you know,…”