Big Tech Is Rushing to Find Clean Power to Fuel AI’s Insatiable Appetite is part of the sustainability in HPC discussion.
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Tech companies are already the biggest purchasers of wind and solar power1
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Google then would pay a set rate that would cover the difference between the cost of the power and the lower-cost source the utility would have used otherwise.1
So Google is paying an energy company to buy power from a more-expensive geothermal provider and covers the energy company’s added costs over the case where they’d have just bought the equivalent power from a gas-fired plant.
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Tech companies and steelmaker Nucor would pay higher rates that would help lower Duke Energy’s long-term costs and accelerate the development of technologies such as small nuclear reactors, as well as efforts on long-duration power storage. Getting regulatory approval to pay for such projects only with ratepayer money is difficult.1
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Microsoft has struck recent deals with companies such as oil giant Occidental Petroleum and a startup founded by former SpaceX engineers called Arbor. It is by far the biggest buyer of carbon removal credits.1