Data center developers seeking to build dozens of sprawling artificial intelligence campuses across Texas were already dealing with a suspension of approvals under Republican Texas Governor Greg Abbott.
Global coal-power generation edged lower last year, while electricity from renewables jumped.
BUETTEL, GERMANY - AUGUST 03: A wind turbine stands behind a mound of coal outside a factory August 3, 2007 in Buettel, Germany. Energy has become one of the most heated topics of debate in Germany as the country seeks the most viable solution, whether nuclear, renewable or coal. (Photo by Sean Gallup/Getty Images) Photographer: Sean Gallup/Getty Images Europe
Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors.
A rendering of a data center campus in Saline Township, Michigan. Source: Related Digital
Texas has so many massive AI-related data centers in development that its grid operator is now considering reevaluating some projects that were previously approved.
Power transmission lines near Austin, Texas, US, on Thursday, June 13, 2024. The Texas grid repeatedly has suffered from tight electricity supplies in the past two years as extreme weather and surging power demand stress aging infrastructure.
OpenAI and SoftBank Group Corp. have jointly invested $1 billion in SB Energy, an infrastructure company that’s working with the tech firms on a massive US buildout of data centers to power artificial intelligence.