Hyperscalers might regret embracing natural gas if new forecast proves correct
TechCrunch·- Hyperscalers like Amazon, Google, Meta, and Microsoft are heavily investing in natural gas power plants to fuel their AI data centers. - Research from energy firm Noreva warns that rising AI demand, declining supply growth, and increased liquefied natural gas exports could cause natural gas prices to triple above $10 per million BTUs. - This potential price shock may significantly increase operational costs for hyperscalers and potentially drive up consumer utility bills.