Data Centers

Prominent private equity investment firm Blackstone has agreed to acquire the 774-MW Potomac Energy Center—a natural gas power plant located in Virginia’s “Data Center Alley”—in a deal reportedly valued at approximately $1 billion, according to sources familiar with the matter. Previously known as the Panda Stonewall Energy Facility, the Potomac Energy Center is situated within […]

TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy advanced nuclear reactors to power existing and future facilities. TerraPower on Jan. 21 said it will work with Sabey Data Centers (SDC) on “a strategic […]

Is it possible that the digital infrastructure and energy/power industries are overestimating the need for data centers, and for development of new energy facilities to be used to power them? The growth of generative artificial intelligence (Gen AI) is expected to account for 3.5% of global electricity consumption by 2030, according to Gartner, a consultancy. […]

Advanced nuclear technology firm Oklo is partnering with Texas-based prime and backup solutions company RPower to roll out an innovative “phased energy model” that will combine natural gas and nuclear to offer a scalable and sustainable turnkey solution for data centers. The companies on Jan. 17 said they signed a memorandum of understanding (MOU) to […]

Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean and reliable energy in the U.S. with an asset portfolio of more than 60 GW. The definitive agreement, announced on Jan. 10, includes a cash and stock transaction valued at […]

A planning commission in a Virginia county has voted unanimously to recommend denial of a rezoning application from Balico LLC, an industrial developer seeking to build multiple natural gas-fired generation units as part of a large data center campus. The Pittsylvania County planning commission voted Jan. 7 to deny Virginia-based Balico permission to proceed with […]

Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable supply of power for their energy-intensive operations. Several generation types, both thermal and renewable, are being touted and pursued by groups involved with artificial intelligence (AI), data management, and cloud computing. Google, Microsoft, Amazon Web […]

Colorado-based Liberty Energy and California-based DC Grid announced a memorandum of understanding to deliver advanced power solutions that would support the growing energy demands of industries such as commercial fleet electric vehicle (EV) hubs and data centers. The companies on Jan. 7 said the collaboration leverages Liberty’s power solutions and operational expertise alongside DC Grid’s […]

Compared to recent years, which have been characterized by chronic energy shortages and price volatility, the world appears to be trundling toward a new energy market context, defined by an unprecedented

The new year always provides a great opportunity to take a look back to see what POWER got right (or wrong) in our previous industry forecast. More importantly, it gives us a chance to look ahead. Some things