PG&E Accelerating Connection of New Data Centers throughout Northern and Central California
1. PG&E plans 5.5 GW energy demand for data centers over a decade. 2. 1.4 GW is in final design, expected online by 2030.
FAQ
Why Bullish?
Increased demand from data centers could lead to higher revenue for PG&E, similar to past renewable energy initiatives boosting stock prices.
How important is it?
The investment in data centers aligns with industry trends for renewable energy, likely to significantly impact PG&E's valuation.
Why Long Term?
The project's phased rollout over the decade will yield incremental benefits, affecting long-term growth projections.