With its focus on innovative products and cutting-edge technology, the annual CES has not historically paid much attention to energy companies.
However, there were signs of a shift at this year’s Las Vegas event, as the tech sector begins to confront its substantial energy needs, which are certain to grow as cloud computing and artificial intelligence (AI) advance.
“If you’d asked me to do CES five years ago, I wouldn’t necessarily have seen the point,” said Sebastien Fiedorow, chief executive of the French start-up Aerleum, which manufactures synthetic fuel from carbon dioxide.
Photo: AFP
“But we are in a very different CES than five years ago,” he said, adding that even if energy companies remain “on the fringes” of CES, “we’re here.”
Data centers accounted for 4.4 percent of US electricity needs in 2023, a figure that is likely to rise to 12 percent by 2028, the US Department of Energy said.
Gary Shapiro, chief executive of the Consumer Technology Association, which organizes CES, said energy transition was intended to be “a big focus” of this year’s show.
“It’s something we’ve talked about for a while,” he said, stressing that the tech sector needs “innovative solutions” to ensure it has the power it requires.
Among the companies pitching such innovation at CES, which wrapped up on Friday, was the Dutch firm LV Energy BV, which generates electricity from sound and vibrations.
The company’s general director Satish Jawalapersad said their presence at the show was noteworthy.
“The fact that we’re here with the CES does say something, definitely,” he said.
LV Energy did not mention AI in its presentation, which he said likely suppressed interest, with AI being “the magic word” at CES.
“Maybe we’re not the most sexy ... because we don’t say those words,” he said.
Other energy firms also acknowledged a struggle to break through. DataGreen, another French firm, aims to build smaller, greener data centers that run on renewable energy, saving tech companies money by reducing data storage costs.
Cloud computing giants have so far shown no interest, DataGreen’s AI head Julien Choukroun said.
“For now, they don’t see the point, but we’re trying to convince them,” Choukroun said.
The company won an innovation award at CES this year, its first appearance at the show, and Choukroun said its services are essential.
“We can’t continue to increase the hangar space [of data centers],” he said, stressing the land available “is not infinite.”
He voiced confidence that once Big Tech realizes DataGreen offers cost savings, that would “be more persuasive than the ‘green’” aspect.
Jordan Huyghe, product manager at the French firm Otrera, which designs small nuclear reactors, said a major change in the relationship between tech and the energy sector would require investment from giants such as Amazon.com Inc, Google or Microsoft Corp. Amazon is already the world’s largest purchaser of renewable energy.
In September last year, Microsoft signed a deal with Constellation Energy Corp to reopen the Three Mile Island power plant in Pennsylvania. Energy from the plant would power Microsoft data centers.
Solutions could come from companies big enough to fund them, Huyghe said.
“To move forward on projects like these, you need to raise money,” he said.
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
Micron Technology Inc is a driving force pushing the US Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the matter. A US House of Representatives panel yesterday was to vote on the “MATCH Act,” a bill designed to close gaps in restrictions on chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on US companies like Lam Research Corp and Applied Materials Inc. The bill targets facilities operated by China’s ChangXin Memory Technologies Inc