Not Even Musk Has The Answer To AI’s Power Shortage | EN590 Commodities
EN590 Commodities GroupNatural Gas / LNG June 30, 2026
ADNOC, Eni Acquire Stakes In Gas Blocks Linked To Argentina’s LNG Project The White House issued a starkwarningin July 2025: Without $1.4 trillion in new infrastructure investment, electricity prices could surge as much as 58% by 2030. That’s driven mostly by the insatiable power demand from the rise of AI data centers and cryptocurrencies like Bitcoin. According toAxios, new reports show that power demand is set to grow up to 10x between now and 2030. The grid we’ve relied on for decades simply can't keep pace, and that’s threatening to put a major strain on both the AI and Bitcoin booms that have driven markets over the last few years. As Shark Tank investor Kevin O'Learyput it: "There is no power on the grid anymore." Which is why in Virginia, data centers nowface7-year waits for grid
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