HOUSTON — Artificial intelligence is reshaping the energy sector from oil rigs to power plants as companies scramble to provide electricity to a growing number of U.S. data centers.
Tapping AI creates a symbiotic relationship between tech companies and energy providers as they look to boost efficiency, executives said Monday during the opening day of this year’s CERAWeek by S&P Global conference.
The U.S. data center boom has created a surge of new demand for power generation, which has given oil and gas companies an expanded market for natural gas to fuel their power-generating capacity. Energy companies themselves are leaning on AI to streamline their operations, Chevron CEO Mike Wirth said Monday.
“I think what you’re seeing is these two worlds come together, and power really is becoming, I think, the rate-limiting element for growth,” Wirth said. “You see a lot of creative deals being done, and we’re working hard with some of the biggest companies in the world to try to help them grow their business and be a part of that solution.”
