Electricity Grid

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ERCOT Sees Surge in Power Demand by 2030s Amid Data Center Growth

(Reuters) – The Electric Reliability Council of Texas (ERCOT) said electricity demand could rise sharply into the 2030s as an increasing pipeline of data centers drives most of the projected growth, according to a presentation on Wednesday by the grid operator. ERCOT’s preliminary base forecast projects peak electricity demand climbing from about 98,087 megawatts in …

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US Utilities Increase Spending Plans to $1.5 Trillion Through 2030, Research Report Says

(Reuters) – U.S. electric utilities expect to spend $1.4 trillion on power lines and other infrastructure-related costs over the next five years, raising concerns about rising power bills ahead for American homes and businesses, according to research released on Tuesday. Utilities’ five-year capital expenditure plans rose 20% from last year’s reported plans, said PowerLines, a …

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US Power and Natgas Prices Turn Negative in Texas and California as Mild Weather Cuts Demand

By Scott Disavino Pipeline constraints in Permian region trap gas, causing record negative Waha Hub prices California power and gas prices turn negative amid low demand and abundant hydropower NWRFC projects above-normal water flows at Dalles Dam, boosting hydropower supply in Northwest NEW YORK, April 14 (Reuters) – U.S. spot power and ​natural gas prices …

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US Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA Says

(Reuters) – U.S. power consumption, which hit its second straight annual record high in 2025, will rise further in 2026 and 2027, the Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. The EIA projected power demand will rise from a record 4,195 billion kilowatt-hours (kWh) in 2025 to 4,244 billion kWh in …

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Investors Press Amazon, Microsoft and Google on Water, Power Use in US Data Centers

By Simon Jessop, Valerie Volcovici and Supantha Mukherjee Water, power usage, pollution, land driving protests Trillium Asset Management seeks detail on Alphabet’s climate strategy Investors flag water risk as emerging threat LONDON, April 6 (Reuters) – Amazon, Microsoft and Alphabet’s Google ​have each recently abandoned construction of multibillion-dollar data centers over community opposition and now …

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Microsoft in Talks With Chevron, Engine No. 1 Over $7 Billion Texas Power Plant

By David Carnevali and Kevin Crowley Microsoft Corp. is in exclusive talks with Chevron Corp. and investment fund Engine No. 1 over a long-term deal that would underpin a giant power plant in West Texas, providing electricity to a large data center campus. The proposed natural-gas fired power plant is projected to cost about $7 …

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Big Tech’s $635 Billion AI Spending Faces Energy Shock Test, S&P Global Says

  (Reuters) – Massive investments in artificial intelligence that underpinned record runs in equities face a major hurdle as the Middle East ​crisis clouds prospects for growth and energy costs, said Melissa ‌Otto, head of research at S&P Global Visible Alpha. Before the Iran war broke out, tech giants Microsoft, Amazon, Alphabet and Meta planned to spend about $635 billion on data ​centres, …

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Stressed US Grid Forcing Data Centers to Get More Flexible

(Reuters) – The U.S. technology industry is being pushed to shrink its power use in times of high demand, amid growing public concern that Big Tech’s massive electricity needs for its expansion of data centers are maxing out the country’s grid. The power industry and its regulators are increasingly urging tech companies to make what …

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Meta Funds Seven Gas Plants to Power Biggest Data Center

By Riley Griffin and Josh Saul Meta Platforms Inc. is paying for the construction of seven new natural gas-fired plants to fuel its most power-hungry data center, increasing its reliance on fossil fuels amid a fast-moving artificial intelligence race. The company reached a new agreement with Entergy Corp. to build and pay for enough gas …

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EU Ministers Seek United Strategy on Energy Price Crisis

By Jan Strupczewski EU finance ministers aim to prevent market fragmentation with any energy price support EU Commission warns any response must be targeted, temporary and fiscally limited EU proposes support for vulnerable households to avoid inefficiencies BRUSSELS, March 27 (Reuters) – European Union finance ministers will ​seek to coordinate on Friday their response to …

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