US energy groups spend record sums on power plants to feed data centres

Affordability a ‘formidable challenge’ as load shifts to tech, industrial customers: ICF

The consulting agency expects electricity prices to rise as much as 25% in some regions through 2030 due to necessary grid expansion, wildfire hardening and other infrastructure projects.

Data Center Demand Fuels Unprecedented Utility Investment

U.S. power utilities are set to spend $212.1 billion in capex this year, which would be a 22.3% increase on the year as they race to secure new electricity supply for data centers, the Financial Times has reported, citing data from Jefferies. Compared to 10 years ago, the rise in investment stands at an impressive 129%. According to the investment bank, capex in the power utility sector in the United States will hit an all-time high in 2027, at …

US energy groups spend record sums on power plants to feed data centres

Rising capital expenditure raises fears of higher energy prices for consumers

Google aims to boost transmission capacity with advanced conductor upgrades

Google aims to help deliver more power to areas where it has data centers, by funding projects that increase the capacity of existing transmission lines using advanced conductors made by CTC Global. Large solar projects near reconductored lines could benefit.

Unprecedented Utility Investment Opportunity Driven by AI and Data Centers

The U.S. energy landscape is undergoing a seismic shift, propelled by the insatiable energy demands of artificial intelligence (AI) and data centers. As tech giants race to expand their AI capabilities, utilities are facing an unprecedented opportunity—and equally daunting challenges. With U.S. power utilities projected to spend a record $212.1 billion in capital expenditures in 2025, a 22.3% increase year-over-year, the sector is poised for sig…

Max-Hervé George's SWI Group expands European hyperscale strategy with fifth data centre and unified AiOnX platform

New site in Cambridgeshire to serve booming AI and cloud demand from the UK’s Golden Triangle LONDON and GENEVA , June 30, 2025 /PRNewswire/ — SWI Group, the alternative investment platform recently created from Stoneweg Group and Icona Capital, announced today its plans to build its first data centre in the UK and the rebranding of the holding group for its five hyper-scale data centres into AiOnX. The UK site, located at Sutton-in-the-Isle, be…