News
Energy Research Firm Noreva Forecasts Natural Gas Above $10/MMBtu — Triple Today's Price — Undercutting Hyperscalers' Gas Bet
In a TechCrunch exclusive on August 14, 2026, energy research firm Noreva forecasts US natural gas passing $10 per million BTU at certain hubs, against a current range of roughly $2 to $4.50 with Henry Hub just under $3. The collision is hyperscale datacenter demand, slowing domestic supply growth, and rising LNG exports — set against roughly 50 GW of behind-the-meter gas generation announced in 2025 specifically to power AI datacenters and bypass grid interconnection queues. Noreva CEO Peter Gardett: 'everyone in the energy markets has been lulled into a sense that gas prices can't go up.' If it holds, the cheap-power assumption underneath current AI capex plans is wrong by a factor of three.
Source
↳ Follow the thread