New Jersey General Assembly proposes bill to apply special rate for large load data centers
Would create a new rate class for data centers exceeding 100MW of monthly demand
Would create a new rate class for data centers exceeding 100MW of monthly demand
Taken as a means to avoid a "grid reliability crisis"
Expects to receive regulatory approval for the Natrium reactor in 2026
Contended that Red Eléctrica had miscalculated the power capacity needs for the day
"We will not allow xAI to get away with this"
National policy statement expected in July
Will provide power over a 15-year term with the option to extend
Will submit an RFI to states, utilities, and transmission operators
Offers up to 1GW of available power capacity
Expected to have an initial capacity of 400MW
Will comprise AI management system, energy storage, fuel cells, and immersion cooling
Further details expected in its Q2 earnings report
Will cover the complete design and development of the site's electrical infrastructure
Nixing behind-the-meter agreement, will also explore deployment of SMRs
Will coordinate with utilities and data center developers in two states
Slated for completion by Q3 2026
$24m investment will fund construction of new logistics hub
Will require data centers to enter into a minimum ten-year contract with utilities
Signed a six-year partnership at start of the year
Will reduce the interconnection studies to less than 12 months
Follows the successful close of Heron's Series A funding round
Headed by former Microsoft and Talen Energy executives
Enacted due to surging demand across the Canadian province