Rising electricity demand tied to the AI boom is putting fresh strain on the aging U.S. power grid, while also creating room for grid modernization efforts. Speaking at a recent TechCrunch Disrupt event, industry participants said the growing connection of new energy resources is opening the door to upgrades across the grid. Weavegrid founder and CEO Apoorv Bhargava said utilities are now dealing with a wider mix of variables and loads, including renewable energy, electric vehicles, data centers, and heat pumps, making coordination and management harder. He said the company’s software is designed to help organizations deploy energy more efficiently and optimize connections to lower bills. Veir CEO Tim Heidel said the scale of investment flowing into AI infrastructure is driving a wave of innovation. He said Veir’s superconducting power lines are more efficient than conventional lines, with cables that can transmit electricity five times farther while requiring 20 times less space. Veir completed a $110 million Series C round earlier this month. Rewiring America policy vice president Kristen Eberhard said surging energy demand from data centers has added urgency to modernization efforts and created an environment where the industry is more willing to try new approaches.
Rising U.S. energy demand linked to the AI boom is putting pressure on aging grid infrastructure, while also pushing grid modernization efforts forward, according to Techub News.
At a recent TechCrunch Disrupt event, industry participants said the growing connection of new energy resources is opening the door to modernization across the grid.
Utilities face a broader mix of loads
Apoorv Bhargava, founder and CEO of Weavegrid, said the grid is now dealing with a large set of new variables and loads, including renewable energy, electric vehicles, data centers, and heat pumps. Utilities, he said, are still working through the management and coordination challenges that come with that shift.
Bhargava said Weavegrid’s software is built to help organizations deploy energy more efficiently and optimize connections in ways that can lower bills.
Veir says AI infrastructure spending is driving innovation
Veir CEO Tim Heidel said the scale of investment going into AI infrastructure is driving substantial innovation. Veir sells superconducting power lines that he said are far more efficient than conventional lines. Its cables can transmit electricity five times farther than traditional cables while using 20 times less space.
The company completed a $110 million Series C financing round earlier this month.
Data center demand adds urgency
Kristen Eberhard, policy vice president at Rewiring America, said the surge in energy demand from data centers has created new urgency around modernization and has also made the industry more willing to test new ideas.
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