Hyperscalers might regret embracing natural gas if new forecast proves correct
TechCrunch 2 months ago 17
Hyperscalers including Meta, Microsoft, Google, and Amazon are building large natural-gas power plants to supply their AI data centers, and a research report warns that this could expose them to higher gas price risk. Natural gas prices could triple in some U.S. hubs, with Noreva forecasting levels above $10 per million BTUs versus roughly $2 to $4.50 now. If that happens, data-center operating costs and token costs could rise, or hyperscalers may shift more load to the electricity grid, pushing up electricity prices.