Data center developers are noticeably quiet on the implications of the bill

Governor Hochul cited a need to achieve "energy independence" when announcing the plans

Was signed into law on Saturday

Would create a new rate class for data centers exceeding 100MW of monthly demand

Taken as a means to avoid a "grid reliability crisis"

Expected to come into force in 2026

Will require data centers to enter into a minimum ten-year contract with utilities

Will be appointed at the end of the month, subject to approval from the US Senate

Oak Ridge National Laboratory, Elementl partner on nuclear site identification

Announces layoffs at the National Renewable Energy Lab

Claimed that it would create "unnecessary red tape"

Dubbed as the “Clean Cloud Act of 2025”

Will permit the extension of coal plants and direct federal agencies to identify coal resources on federal lands

Attended by the likes of EDF, Ofgem, Google, and Microsoft

Suhas Subramanyam said Virginia should be taken as a “cautionary tale for the rest of the country”

Will require data center customers to sign a ten-year contract to buy a minimum amount of power

Would raise taxes from 0.9 percent to 1.5 percent

The Governor approved the bill on December 31, 2024

Facilities involved in mining must disclose location, ownership structure, energy consumption, and business model on an annual basis

The announced projects will upgrade over 950 miles of transmission infrastructure

The project plans to construct a 14 mile transmission line through the Caja del Rio area west of Santa Fe, New Mexico

Says it will buy high-quality CO2 removal credits