Data Center Power Demand Almost Doubled in Virginia, Utility Says
The biggest utility in Virginia, home to the global hotspot Data Center Alley, saw demand from data centers in development almost double in the last half of 2024.Most Read from BloombergWhy American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts,
The data centers also have the potential to slow the transition to a clean-energy future, with the sudden rush for more ...
The utility’s CEO said canceling the Virginia project would imperil President Donald Trump’s goals to lower inflation.
Dominion Energy raised its five-year spending plan through 2029 by 16% to about $50.1 billion to meet growing power demand ...
Dominion Energy stock is gaining attention as the company expands its investments in renewable energy and strengthens its ...
Virginia is the data center capital of the world and is currently home to over 300 data centers, largely concentrated in ...
In its latest Integrated Resource Plan (IRP), Dominion projected a more than 100 percent increase in energy usage over the ...
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Dominion Energy projects $50B capital investment through 2029 with 5%-7% annual EPS growthRidge announced a narrowed 2025 operating earnings guidance range of $3.28 to $3.52 per share, maintaining a midpoint of $3.40, and reaffirmed the annual operating earnings growth guidance of 5%-7% ...
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