POWER Magazine•19 days ago
Xcel Energy Inks Dual Alliances with GE Vernova, NextEra to Support 6-GW Data Center Outlook, Generation Expansion
Key Takeaway
Massive data center growth is compelling utilities to make proactive, large-scale generation and supply chain commitments, creating significant opportunities for developers and OEMs in both gas and renewable sectors.
AI Summary
- •Xcel Energy has formed strategic alliances with GE Vernova and NextEra to secure supply and development capacity for an anticipated 6 GW of data center load.
- •The agreements include reserving five F-class gas turbines from GE Vernova and multiple gigawatts of wind capacity from NextEra.
- •This proactive move by a utility signals significant, large-scale generation buildout opportunities for developers and OEMs to meet rapidly growing industrial demand, particularly from data centers.
- •The alliances aim to lock in critical equipment and development resources, potentially streamlining future project timelines and supply chain stability for new generation.
Topics
ccgtdatacenterinterconnectoemqueuetransmissionwind
Article Content
Xcel Energy has moved to lock in supply and development capacity for what could become 6 GW of data center load through separate strategic agreements with GE Vernova and NextEra Energy, announced this week, that reserve five F-class gas turbines, multiple gigawatts of wind capacity, and joint development resources to support generation buildout into the […] The post Xcel Energy Inks Dual Alliances with GE Vernova, NextEra to Support 6-GW Data Center Outlook, Generation Expansion appeared first on POWER Magazine .