AI is growing at record speed - but it consumes enormous amounts of electricity. At the same time, even greater amounts of energy are wasted when landfill and other gas sources are burned off in open flames - a process known as flaring. Now, Swedish-American tech company TEXEL is launching a solution that delivers reliable green AI by harnessing energy from these untapped resources. The first European commercial pre-launch will take place in Sweden on September 17 .
AI is often described as the great technological shift of the future, but its rapid growth comes with a serious downside - skyrocketing electricity consumption. Data centers already account for nearly 1.5 percent of global electricity use, a share that is projected to multiply in the coming years. Without new solutions, power grids risk becoming overloaded, AI development could stall, and greenhouse gas emissions will rise. This is where the technology from the Swedish-American company TEXEL can play a decisive role.
- AIs enormous energy demands risk overloading our already strained power grids. By harnessing local energy that would otherwise go to waste, we can provide a greener and more stable energy supply , says Lars Jacobsson , CEO and founder of TEXEL, and expert advisor to the EU Energy Commission.