NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.
The Trump administration's push to keep aging coal-fired power plants operating is costing Americans hundreds of millions of dollars, according to reports. The administration says coal plants are essential as energy demand grows, while at least three states argued to a federal appeals court Friday that the Energy Department's actions are illegal. More: https://tinyurl.com/bdep6ekb #EnergyDepartment #coalplants #Trumpadministration
The proposed rule, according to the EPA, would reduce electricity costs by as much as $1.1 billion annually, without compromising clean and safe water resources.
Electricity use by data centers, including facilities to support AI, continues to increase rapidly. At a hearing of the House Energy & Commerce Committee, Chair Brett Guthrie (R-KY) and Energy Subcommittee Ranking Member Kathy Castor (D-FL) both asserted that U.S. households shouldn't bear the cost of growth in tech companies' energy consumption.
A new statewide policy detailing when utilities can stop service for unpaid bills during heat waves has resulted in weaker rules for New York City.
HOUSTON — A high-stakes fight is emerging as the AI boom accelerates: Should data centers plug into the grid, or operate as energy "islands"? Why it matters: The debate is shaping power flows and multibillion-dollar investments, as data centers rival entire cities in their electricity demand. Driving the news: Chevron said this week it's working on a deal to build a natural gas plant dedicated to a Microsoft data center in Texas — one of many signs that on-site power is gaining traction. - Roughly 30% of all planned data center power capacity is expected to be on site, according to a February report by Cleanview, a market intelligence firm — up from almost nothing a year earlier. "A lot of people look at that 30% figure from our…
'Nuclear is green energy'
The funding comes as power grid planners warn that power plants are retiring faster than new generation is coming online, fueling concerns about whether the grid can keep pace with growing demand – particularly from AI-driven data centers.
Louisiana Economic Development Secretary Susan Bourgeois said the governor has made clear he sees a future for the state in the domestic resurgence of nuclear power and has directed state agencies to develop a plan for what that could look like.
When there’s not enough power to go around, no amount of generation in the commonwealth will be enough to prevent rolling blackouts or drastic bill hikes.