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Texas Data Center Intel
Latest data center news, projects, power and policy across Texas — updated daily.
Recent Texas data center news
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Schneider Electric books strong 2024 revenue, earnings growth amid data center boom
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CenterPoint Energy reports Q4 and FY 2024 results; forecasts nearly 50% electric load growth demand at Houston Electric by 2031; increases capital investment plan; reiterates 2025 full year guidance
US-based CenterPoint Energy has reported a 50% forecasted increase in electric load demand in its Houston Electric service territory by 2031. The company has increased its 10-year capital investment plan to $47.5 billion, which includes $500 million specifically aimed at enhancing grid resiliency. CenterPoint’s President & CEO, Jason Wells, emphasized the progress made towards building a resilient coastal grid and the upcoming Systemwide Resiliency Plan, which is set to strengthen their network further and support regional economic growth.
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Indiana Michigan Power Receives Order in Large Load Settlement
US-based Indiana Michigan Power (I&M) received an order from the Indiana Utility Regulatory Commission regarding its large load tariff settlement filed in 2024. This settlement includes commitments from large load customers, such as data centers and industrial clients, to ensure their energy needs are met while also maintaining affordable rates for existing customers. The agreement reflects the energy demands stemming from significant investments in local data center projects by companies like Amazon Web Services and Google, totaling over $13 billion.
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Duke Researchers: Grid Flexibility Key to Accommodate Load Growth
US-based Duke University researchers have emphasized the potential of integrating flexible loads into the U.S. power grid to support future electricity demands, primarily driven by artificial intelligence and data centers. Their report, titled “Rethinking Load Growth,” indicates that approximately 76 GW of new load could be added without exceeding existing grid capacities, as long as flexibility in power delivery is maintained. The researchers advocate for regulatory changes to incorporate this flexibility into system planning to manage the anticipated load growth effectively.
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Fluor bets on data centers, power amid CEO switch
US-based Fluor Corporation has announced its continued commitment to energy solutions, particularly in nuclear power, as it transitions to new CEO Jim Breuer. The company is engaged in front-end design for a nuclear power plant in Romania and aims to meet the growing energy demands of data centers, which require 92,000 megawatts by the end of the decade. The firm is also navigating the commercialization of its stake in NuScale, a small modular reactor company, despite slower-than-expected monetization timelines.
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Natura Resources Announces Two Advanced Nuclear Deployments in Texas
US-based Natura Resources has announced the deployment of two advanced nuclear projects in Texas, aimed at enhancing energy security and addressing water needs. These projects, located in the Permian Basin and at Texas A&M University’s RELLIS Campus, include collaboration with Texas Tech University and Abilene Christian University to integrate molten salt reactor technology with water desalination systems, addressing water scarcity and contributing to clean energy solutions.
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Eaton invests $340M in US transformer production
US-based Eaton has announced a $340 million investment to increase production of three-phase transformers in response to a shortage. This facility will be located in Jonesville, South Carolina, and aims to meet record demand from utility and industrial customers, including data centers. Production and hiring are expected to begin in 2027. This investment contributes to Eaton’s commitment of over $1 billion in North American manufacturing since 2023, aiming to enhance power distribution solutions and electric grid infrastructure.
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Catalyst Podcast: The case for colocating data centers and generation
US-based Intersect Power has announced a partnership with TPG and Google to invest approximately $800 million into developing co-located solar and storage facilities at data center sites across the United States. This collaboration aims to streamline the energy supply for data centers and catalyze $20 billion in renewable energy projects by 2030. Intersect focuses on enabling the rapid deployment of renewable energy resources in response to increasing demands from sectors like AI and digital manufacturing.
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CBRE facilities management revenue surges over 16% in Q4 2024
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Data centers and their impact on the US power market
A recent report indicates that the significant growth in data center power demand is reshaping the U.S. energy landscape. Forecasts suggest that total data center power consumption could vary between 248 TWh and 606 TWh by 2030, necessitating an annual addition of 10 GW of new baseload capacity to meet the growing demand. This trend has critical implications for power markets, infrastructure planning, and energy investments across the country.