Chevron CEO details strategy to shield consumers from soaring AI power costs

Chevron AI Energy Strategy Shields Consumers

Chevron CEO Mike Wirth is warning that the explosive growth of artificial intelligence could dramatically strain the U.S. power grid, driving up electricity costs for ordinary Americans if left unchecked. In a recent interview on Fox Business, Wirth outlined a strategy designed to meet rising energy demand from AI data centers while shielding consumers from higher utility bills. The plan relies on domestic natural gas and private power infrastru…

Chevron CEO details strategy to shield consumers from soaring AI power costs

Chevron CEO Mike Wirth detailed the company’s strategy to harness U.S. natural resources to meet soaring artificial intelligence power demand — without passing the cost along to consumers."As data centers need more and more electricity, and as we’re seeing pressure on the grid and electricity prices, we’re working to build an energy park that’s not connected to the grid, so the costs don’t flow to all consumers," Wirth told "Mornings with Maria,…