Oct 21 (Reuters) - Evergy ( EVRG ) will build two 705
megawatt natural gas power plants in Kansas to meet an expected
spike in electricity demand, the U.S. utility firm said on
Monday.
Utilities across the country are ramping up investments in
their infrastructure ahead of a projected surge in power demand
by the end of the decade, driven by artificial intelligence data
centers and a growing number of consumers.
Evergy's ( EVRG ) new plants will serve over 1.1 million customers
and see an investment of more than $1 billion each, a company
spokesperson told Reuters in an emailed statement.
"Once the plants are in service, we would ask to recover the
costs in electricity rates," the spokesperson added.
The two plants, set to be located in the Sumner and Reno
counties, are expected to enter service in 2029 and 2030,
respectively, Evergy ( EVRG ) said, adding they would be operational for
40 years.
Evergy ( EVRG ) has signed deals with technology giants such as
Google, Panasonic and Meta on projects of a combined 750
megawatts of capacity in Kansas and Missouri.