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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 technology that can capture more than 90 percent of the complex’s carbon dioxide emissions, the leading cause of climate change.

The project, which is in the early stages of development, would be the first time that Exxon built a power plant that did not supply electricity to its own operations.

Read more in the New York Times here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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