The deal: The tech titan has inked a 20-year PPA with Chevron to fuel a planned data center in West Texas, which is set to receive its first power in 2028. This could become one of the country’s biggest projects of its kind.
The demand: The data center would gobble up enough electricity to power two million homes. But Chevron is optimistic it’ll have extra power to send to the grid, CNBC reported.
Meanwhile in Virginia, state Democrats have agreed to put a temporary two-year tax on data centers, which would cost the industry roughly $600M annually. (But data centers pull in $2B from sales tax exemptions each year.) The potential tax is part of a budget agreement that still needs approval from other state officials and Gov. Abigail Spanberger.
Mon, Jun 22
NEWS: A 3-GW Microsoft data center will (mostly) run on behind-the-meter gas.
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