Engine No. 1 and Chevron U.S.A. Inc. announced the formation of a partnership to build a new company to develop scalable, reliable power solutions for United States based data centers running on U.S. natural gas. Early actions of the Trump Administration are setting the critical foundation to encourage investment leveraging America’s energy abundance to enable America’s AI leadership. The joint development, in conjunction with GE Vernova, aims to establish the first multi gigawatt-scale co-located power plant and data center during President Trump’s second term.
The companies’ plans directly address the need for affordable, reliable energy to meet the significant demand for electricity to power U.S. data centers, enabling current and future generations of AI to be developed in the U.S. The joint development plans to deliver up to four GW, the equivalent of powering 3-3.5 million U.S. homes. The projects are expected to be designed with the flexibility to integrate lower carbon solutions, such as carbon capture and storage (CCS) — which is capable of capturing >90% of the CO2 from the turbines — and renewable energy resources.
Courtesy of Chevron.