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States rethink data centers as 'electricity hogs' strain the grid

State Sen. Norm Needleman championed the 2021 legislation designed to lure major data centers to Connecticut. The Democratic lawmaker hoped to better compete with nearby states, bring in a growing industry, and provide paychecks for workers tasked with building the sprawling server farms. But this legislative session, he’s wondering if those tax breaks are appropriate […] The post States rethink data centers as ‘electricity hogs’ strain the grid appeared first on Nort...
United States North Anna South Carolina North Carolina North Dakota Phyllis Henderson
Source: yahoo.com

States rethink data centers as 'electricity hogs' strain the grid

State Sen. Norm Needleman championed the 2021 legislation designed to lure major data centers to Connecticut. The Democratic lawmaker hoped to better compete with nearby states, bring in a growing industry, and provide paychecks for workers tasked with building the sprawling server farms. But this legislative session, he’s wondering if those tax breaks are appropriate […] The post States rethink data centers as ‘electricity hogs’ strain the grid appeared first on Okla...
United States North Carolina South Carolina North Anna Phyllis Henderson Suhas Subramanyam
Source: yahoo.com

German energy firm EnBW ups earnings by 60%; decline expected in 2024

EnBW, Germany's third-largest energy supplier, increased its operating result - or adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) - by some 60% to almost €6.4 billion ($6.9 billion) last year. The surge was mainly due to an increase in thermal generation - that is from coal and gas - and trading. Due to increased market prices and fluctuations, the electricity volumes generated were sold at significantly better conditions compared to 2022, the Karlsr...
Baden Wüberg Thomas Kusterer Andreas Schell Georg Stamatelopoulos Energy Transition Energy Supplier
Source: yahoo.com

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