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New Jersey Data Center Intel
Latest data center news, projects, power and policy across New Jersey — updated daily.
Recent New Jersey data center news
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Data center, crypto operations in 10 states drive all US commercial power sales growth since 2019: EIA
Data centers in 10 states led 1% growth in US commercial electricity sales since 2019, per the EIA. Virginia, Texas, South Carolina, and Arizona saw significant demand growth, while North Dakota had the highest at 37%. The agency predicts a 3% increase in 2022 sales, influenced by large-scale computing facilities and crypto operations.
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Data center, AI load growth could threaten grid reliability: Conference Board
Data center and AI energy consumption are projected to soar, potentially straining grid reliability. Companies like Accelsius offer innovative direct-to-chip cooling systems to boost efficiency. Concerns arise over the impact on net-zero goals and utilities’ ability to meet demands, with some exploring collaborations, such as Public Service Enterprise Group’s talks with data centers for nuclear power.
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Data center, AI load growth could threaten grid reliability: Conference Board
Data center energy consumption is set to rise exponentially, potentially exceeding 1,000 TWh by 2026. Accelsius, LiquidStack, and Marathon Digital Holdings are developing chip-cooling technologies to boost data center efficiency. Josh Claman highlights the importance of innovative cooling systems to meet growing AI demands. Utilities must adapt to mitigate the impact on net-zero goals.
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Constellation, Vistra and PSEG could be next to ink nuclear-data center supply deals: S&P
S&P suggests Constellation Energy, PSEG Power, and Vistra are potential candidates for nuclear-data center supply deals due to rising data center electricity demand. Talen Energy’s agreement with Amazon Web Services sets a precedent. PSEG is in talks to supply data centers with nuclear power. Concerns arise about fairness and grid impact.
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Constellation, Vistra and PSEG could be next to ink nuclear-data center supply deals: S&P
Data centers could boost U.S. electricity demand, benefiting nuclear operators like Constellation Energy Group, PSEG Power, and Vistra. S&P predicts 35 GW load growth by 2030, with a 9% share from data centers. Talen Energy’s deal with Amazon is seen as a model. Public Service Enterprise Group eyes supplying Hope Creek and Salem plants to data centers.
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FirstEnergy may ‘put a little money on the table’ to help end HB 6 bribery litigation: CEO
FirstEnergy CEO Tierney discusses growth potential in states like Maryland, Ohio, and Pennsylvania, emphasizing data center expansion. The company’s proactive capital spending approach, supported by the sale of a stake to Brookfield for $3.5 billion, aims to enhance reliability and customer experience. Regulatory wins drive positive outcomes.
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The Future of AI will require an energy breakthrough. The answer is a fusion moonshot.
The Biden administration aims to tackle energy challenges in AI with fusion technology. Lawrence Livermore National Lab achieves milestones in fusion energy, sparking global investments. Success in fusion may enhance AI development. The US is called to pursue a moonshot approach for large-scale fusion reactors, promising a transformative energy future.
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FERC approves PJM’s $5.1B cost-share plan for transmission to be built by Dominion, others
FERC approved PJM’s $5.1B transmission plan involving Dominion, Exelon, FirstEnergy, PPL, NextEra, Transource, and Public Service Electric & Gas. Disagreements arose over allocating costs to Virginia due to data center growth incentives, with FERC rejecting a larger share for Virginia. FERC Commissioners Clements and Christie highlighted the regional nature of PJM’s system and advocated for state involvement in resolving cost allocation issues for projects driven by state policies.
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States shouldn’t have to pay for transmission driven by other states’ policies: FERC’s Christie
Mark Christie, a FERC commissioner, opposes making states pay for transmission projects supporting other states’ energy policies. He highlights unfairness and potential litigation risks, urging voluntary consent for costs. NextEra Energy Transmission’s Mid-Atlantic Resiliency Link project and Talen Energy’s Brandon Shores plant retirement are linked to state policies and face cost allocation challenges.
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Data center demand pushes organizations to secondary markets: JLL
Data center demand remains strong despite concerns. JLL reports preleased capacity for 2024, necessitating early IT planning. Northern Virginia and Phoenix drive primary market activity. Secondary markets offer cost-effective solutions. Generative AI’s power needs spur activity in New York and New Jersey. Colocation providers and hyperscalers enhance infrastructure for AI services.