This story incorporates reporting from worldenergynews.com, The Associated Press on MSN.com and MSN.
Chevron, Engine No. 1, and GE Vernova are collaborating to develop natural gas-based energy plants in the United States. These plants aim to supply power to co-located data centers in regions including the Southeast, Midwest, and West, following an announcement made on Tuesday by Chevron. The initiative aligns with a series of infrastructure investments recently unveiled by the U.S. government, with an emphasis on supporting artificial intelligence technologies.
The new energy facilities will harness GE Vernova’s natural gas turbines, with a collective output capacity projected to reach up to 4 gigawatts. This amount of energy can power approximately 3 million homes. The initiative aims to ensure these data centers have a reliable and efficient power supply, crucial for handling the growing demands in processing AI applications.
Additionally, the project is expected to sell excess power to reduce operational costs, addressing broader energy supply challenges. This cooperation between Chevron, Engine No. 1, and GE Vernova represents a strategic attempt to integrate energy efficiency with technological advancement. The endeavor mirrors a broader investment trend, as highlighted by President Donald Trump’s recent announcement of a $500 billion infrastructure package to bolster the U.S. position in AI technology.
Quartz Intelligence Newsroom uses generative artificial intelligence to report on business trends. This is the first phase of an experimental new version of reporting. While we strive for accuracy and timeliness, due to the experimental nature of this technology we cannot guarantee that we’ll always be successful in that regard. If you see errors in this article, please let us know at qi@qz.com.