…On-site power plants, also known as behind-the-meter systems, could provide between a quarter and a third of the incremental electricity demand from data centers through 2030, according to a November report by investment bank Goldman Sachs.
Joule Capital Partners started construction on a data center in Holden, Utah, that will produce its own power on-site, the Utah Foundation reported. Meanwhile, the Stargate data center partnership between OpenAI, Oracle and SoftBank is expected to generate much of its own power for its $500 billion worth of data centers in Abilene, Texas, and other locations.
Google is developing a data center campus near Haskell, Texas, with an on-site battery-storage system developed by Intersect. Google’s parent company, Alphabet, announced just before Christmas that it agreed to acquire Intersect for $4.75 billion…
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