Existing sources won't cut it; AI takes 2-8% of global energy
Interview With Greg Osuri, Founder Of Akash Network (Secret Network)
“In a couple years you’re going to need nuclear reactors, and there’s no way in hell you can power through coal, through onshore windmills, offshore windmills, hydro, geothermal… they’re not going to cut it. By a pessimistic estimate we need about 8% of global energy spent on AI; optimistic estimates, about 2%. It doesn’t matter what estimate you take, it’s still an enormous energy draw from the grid.” — 00:15:09
Context: Why power stocks outperform; he later details 5-year interconnect queues, transmission NIMBYism, 8-10 year EU renewable approvals, and only ~44GW of US nuclear coming in 20 years.