Utility Dive•26 days ago
NextEra bets on gas as data center pipeline remains steady at about 15 GW
Key Takeaway
NextEra's significant investment in gas infrastructure, driven by 15 GW of data center demand, signals a strategic pivot towards gas as a critical and growing power source for large loads.
AI Summary
- •NextEra is strategically acquiring gas supply and pipeline assets, anticipating increased demand for gas-fired generation.
- •A significant 15 GW pipeline of data center demand is driving NextEra's expectation for more gas generation.
- •NextEra's CEO emphasizes the critical skill of moving gas molecules nationwide, indicating a focus on infrastructure and supply chain control.
- •This signals a reinforcement of gas as a primary power source for rapidly expanding large loads like data centers, impacting future power procurement strategies.
Topics
capacity-marketccgtdatacenterm&asimple-cycletransmission
Article Content
The company touted gas supply and pipeline acquisitions. “We expect more gas-fired generation ... so having the ability to move molecules around the country is a critical skill set,” said CEO John Ketchum.