AI is causing a supply-demand imbalance in the energy sector

Rural America’s broadband use is surging as more precision ag tools come online, but that digital growth has a price. Data centers are moving into small towns and energy supplies are feeling the strain.

“If you look at some of the studies that have been done and the estimates around energy consumption, we are headed for a supply-demand imbalance in the energy complex because of AI in the not-too-distant future,” said Jeff Johnston, lead economist for digital infrastructure, CoBank.

Johnston says while there might be a lot of challenges ahead, he calls the whole process a big opportunity for rural America.

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RFD-TV founder and president, Patrick Gottsch is asking for you to please contact your two U.S. Senators, asking them to support attaching Senate Resolution 113 to the Farm Bill, then, contact your Congress person to ask him or her to support attaching House Resolution 451 to their version of the Farm Bill.
In June, prices were down 77% compared to the highest weekly price in 2022.

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