🛢️ 🛢️ 🛢️ The
Federal Reserve Bank of Dallas
, known for its leadership on oil and gas, just hosted its first-ever AI and power conference.
The topics overlap, but it's also a new area for the bank. One if its top organizers,
Garrett Golding
, says it was such a hit they might do it again.
🙏 Thanks to Garrett for inviting me to interview a leading data center developer and soak up the conversations on behalf of
Axios
.
👀 Here are some notable quotes I jotted down, and I'll be incorporating what I learned into my ongoing AI/energy coverage.
"I think that the days of flying into a town and expecting to get a data center built are gone."
Andrew Schaap
, CEO of
Aligned Data Centers
“We can conceive of things faster than we can physically do it.”
Jim Burke
, president and CEO of utility
Vistra Corp.
, about the delay in actual data center construction versus projections.
“It’s got to be the biggest surprise in the electric industry’s history.”
Rob Gramlich
of
Grid Strategies LLC
, speaking about the soaring power demand due to data centers.
“This is the biggest capital initiative in this country’s history, certainly in the last 150 years.”
Gianluca Signorelli
of SB Energy about financing the data center boom.
“Whoever thought we would be dealing with petawatts.”
Bill Barnes
of
NRG Energy
, regarding the potential future power demand growth due to AI and data centers.
