Data center growth puts unprecedented pressure on power grids
US data centers will need 55 gigawatts of new power capacity within the next five years, according to a report released this week by Bloom Energy. The report, based on a survey of 100 data center leaders, also shows that 30% of all sites will be using onsite power by 2030.
Blackstone to buy $1 billion Virginia power plant near data centers
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday, in a deal symbolizing the allure to investors of power plants sited near data centers.
Big Tech wants to plug data centers right into power plants. Utilities say it's not fair
Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals that would let them plug directly into power plants
Blackstone Energy Transition To Acquire 774-Megawatt Virginia Power Plant
Blackstone Energy Transition Partners, a division of Blackstone (BX), Friday announced its agreement to acquire Potomac Energy
Blackstone Energy Transition Partners To Acquire Potomac Energy Center: Retail Remains Bullish
Shares of Blackstone Inc (BX) were in the spotlight on Friday after the company announced that Blackstone Energy Transition Partners have agreed to acquire Potomac Energy Center, a 774-megawatt natural gas power plant in Loudoun County,
Bill Gates’ nuclear energy startup inks new data center deal
TerraPower, a nuclear energy startup founded by Bill Gates, struck a deal this week with one of the largest data center ...
EIA Sees Higher U.S. Wholesale Power Prices in 2025
Wholesale power prices could average $40 per megawatt hour (MWh) this year, rising 7% over 2024, the EIA said in a report on ...
US power stocks plummet as DeepSeek raises data center demand doubts
Shares of U.S. power, utility and natural gas companies sold off on Monday in some of the biggest recorded one-day drops, as ...
MIT Technology Review11d
Interest in nuclear power is surging. Is it enough to build new reactors?
These shifts have been great for existing nuclear plants. We’re seeing efforts to boost their power output, extend the ...
'Data centers will need to bear the cost of their electricity acquisition' | Georgia PSC approves new rule for data centers
The PSC approved a new rule that allows Georgia Power to charge new data centers in a manner that will protect ratepayers ...