The boom in data centres and artificial intelligence is starting to outstrip available power supply in some parts of the world. Tech giants like Amazon and Microsoft are pledging to invest billions of dollars in data centres in Southeast Asia.
Singapore will see a short-term increase in liquefied natural gas demand because of the AI boom that’s driving data centre growth, according to the country’s state-owned importer of the fuel.
The digital world “is a huge call on energy”, said Singapore LNG Corp CEO Leong Wei Hung. The surge in demand is a “boon for energy”, but there’s also a flip side “in the sense that you can’t build infrastructure fast enough”, he said in an interview late Thursday.
