financetom
Business
financetom
/
Business
/
Dominion Energy Sees Rise in Electricity Demand By Data Centers, CEO Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dominion Energy Sees Rise in Electricity Demand By Data Centers, CEO Says
May 2, 2024 11:22 AM

02:13 PM EDT, 05/02/2024 (MT Newswires) -- Dominion Energy ( D ) is fielding individual electricity demand requests of 60 to 90 megawatts, or higher, from data centers, compared with historic demands of 30 megawatts or greater, Chief Executive Robert Blue said Thursday.

The company is also getting requests to support larger data center campuses with multiple buildings that need total capacity ranging from 300 megawatts to several gigawatts of electricity, Blue said during its quarterly earnings call.

He added that the company has connected 94 data centers with over four gigawatts of capacity in the last five years, and expects to connect 15 more in 2024.

Price: 51.11, Change: -0.04, Percent Change: -0.08

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
French finance minister criticises Sanofi's $20 billion USA investment decision
French finance minister criticises Sanofi's $20 billion USA investment decision
May 26, 2025
PARIS (Reuters) -France's finance minister criticised on Thursday a decision by French drugmaker Sanofi to invest at least $20 billion in the United States through to 2030, as France aims to get more companies investing in the country rather than abroad. It's clear it was not something that was nice to see and it was an unpleasant announcement, finance minister...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
BRIEF-Thrive Capital Group Co Ltd Files For U.S. IPO
BRIEF-Thrive Capital Group Co Ltd Files For U.S. IPO
May 26, 2025
May 15 (Reuters) - THRIVE CAPITAL GROUP CO LTD : * FILES FOR U.S. IPO - SEC FILING * US IPO PRICE EXPECTED BETWEEN $4.00 AND $6.00 PER SHARE - SEC FILING * TO OFFER 1.4 MILLION CLASS A ORDINARY SHARES IN IPO - SEC FILING * HAVE APPLIED TO LIST CLASS A ORDINARY SHARES ON THE NASDAQ CAPITAL MARKET...
US FTC chair seeks to trim agency by around 10%
US FTC chair seeks to trim agency by around 10%
May 26, 2025
(Reuters) -The U.S. Federal Trade Commission is looking to trim its headcount by around 10%, its chairman told Congress on Thursday, insisting the agency will be able to continue antitrust and consumer protection work with what would be its smallest staff in 10 years. The FTC is in the midst of an unprecedented time, pursuing antimonopoly cases against companies including...
Copyright 2023-2026 - www.financetom.com All Rights Reserved