PG&E unveiled plans to spend $73B by 2030 for transmission improvements to meet the data center-led surge in electricity demand, Reuters’ Pooja Menon reports. The utility had previously said it was working to serve 10 GW of new power demand from data center projects over the next ten years, the author notes.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCG:
