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Can we keep energy affordable, safe, and secure?
Listen: Energy transition is a big idea with big implications for daily life. But what does it actually look like in practice? In this episode of Energized: The Future of Energy, host JJ Ramberg and Enbridge CEO Greg Ebel talk to the Honourable Lisa Raitt, Vice Chair of Global Investment Banking for CIBC Capital Markets and former member of the Canadian parliament. During her time in government, Lisa served as Minister of Natural Resources, Minister of Labour, and Minister of Transport. Lisa talks about the tangible steps that need to be taken to move us down the road to energy transition, as well as how businesses and governments can work together to create a more sustainable, more affordable energy future.
Listen on Apple, Spotify, Goodpods, or wherever you get your podcasts. New episodes will be published every other Thursday.
LEDs light up in a server rack in a data center.
Electric Company and Water Works
The artificial intelligence boom has brought new strains on the environment, namely through demands on electricity and water. The International Energy Agency estimates that, by 2026, the rise of AI and cryptocurrency will lead to an increase in electricity used by global data centers—a figure that could range anywhere between a 35% and 128% increase.
But data centers run hot and use copious amounts of water to keep cool. According to a new preprint academic paper, global AI demand may account for 4.2-6.6 billion cubic meters of annual water withdrawal by 2027—that’s about half of the UK’s annual usage, according to the Financial Times.
Major technology companies are using more and more water just training their increasingly powerful generative AI models: Google and Microsoft self-reported annual water consumption increases of 20% and 34% respectively while training their models.
If AI continues on its current, staggering trajectory, it very well may push us closer to an energy crisis that’s impossible to ignore.