The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the U.S. energy industry wants a piece of the action. The latest entrant is Chevron, the country’s second-largest oil and gas company, which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers. Chevron...
Author: New York Times
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Newsom Suspends State Environmental Rules for Rebuilding After Fires
Governor Gavin Newsom has signed a broad executive order that aims to make it easier to rebuild after the fires by suspending California’s costly and time-consuming environmental review process for homeowners and businesses whose property was damaged or destroyed. The order is likely to be the first of several permit streamlining measures issued by state,...
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Exxon Plans to Sell Electricity to Data Centers
Demand for electricity is rising so quickly in the United States that even Exxon Mobil, the country’s largest oil and gas company, is planning to get into the power business. Exxon is designing a massive natural-gas fueled plant meant to directly supply electricity to data centers. The company says the plant will be fitted with...