Utility companies to spend $1.4 trillion over the next 5 years amid data center boom
Tehnologie
U.S. utility companies are planning to invest $1.4 trillion over the next five years to update the nation's ailing power grid as the data center boom intensifies the need for electricity. That's according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines, which analyzed capital spending plans from 51 investor-owned utilities. A majority of those companies, which serve 250 million U.S. customers, cited data centers as a top driver of
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