Topic: grid interconnection
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Texas halts data center grid hookups amid surging demand
Texas Governor Greg Abbott has ordered a halt to new power grid connections for data centers, requiring a comprehensive audit of all interconnection requests to assess their impact on grid reliability. The ERCOT interconnection queue holds over 1,800 projects requesting 474 gigawatts,more than fi...
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Geothermal startup Fervo Energy surges 33% in IPO debut on AI data center demand
Fervo Energy's stock surged 33% in its Nasdaq debut on Wednesday, pushing its valuation past $10 billion, driven by strong investor demand for reliable power sources for AI data centers. The company raised $1.89 billion in an upsized IPO, selling shares at $27 each, and is the second energy start...
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Microsoft-Backed VEIR Supercharges Data Centers with Superconductors
Data centers are facing a critical power infrastructure challenge as energy demands per rack are escalating exponentially, from 200 kilowatts to a projected megawatt, making conventional cables impractical due to space and heat issues. Veir, a startup backed by Microsoft, is adapting superconduct...
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