Moody’s releases two reports examining AI impacts on energy sector

Two new “sector in detail” reports from Moody’s Ratings look into how the growing demand for energy to power artificial intelligence will affect different energy producers and so-called “midstream” companies that transport natural gas to end-users.

“The first, ‘Race to power AI will boost US producers of natural gas and coal, at chemicals’ expense,’ finds that while technology companies favor renewable energy for their net-zero emissions commitments, the rapid increase in power demand outpaces the ability of power generation companies...