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News
TeraWulf Wins Approval For 482 MW Kentucky Data Center Power Deal, Estimates $4.5B Investment
2+ week, 6+ day ago (460+ words) It would provide up to 482 MW of power at its Justified Data Campus in Hancock County, Kentucky. TeraWulf estimated site development and initial data hall investment to be $4 billion to $4.5 billion. Shares of TeraWulf Inc. (WULF) traded flat in morning…...
Kentucky PSC Approves 482 MW Power Agreement for TeraWulf’s Justified Data Campus
2+ week, 6+ day ago (297+ words) PSC order validates a responsible large-load development model that protects existing customers, assigns project-specific costs and risks to TeraWulf, and creates incremental value for utilities and communities The approval represents an important milestone for Justified and, in TeraWulf’s view, validates…...
EPIC discusses new Kentucky data center report
3+ week, 4+ day ago (1084+ words) Dependable Power First Kentucky held an educational webinar Tuesday to discuss data center growth, reliability and ratepayer protection in light of the Energy Planning and Inventory Commission’s data report. During the discussion, EPIC’s Executive Director Eric King outlined the organization’s…...
'Enormous subsidies': Tax breaks for Kentucky data centers raise alarm
1+ mon, 1+ day ago (1238+ words) One year after the Kentucky legislature agreed to expand tax exemptions for data centers, planting a welcome sign for developers, the projects are arriving rapidly — and could soon balloon the cost of those exemptions. Before the recent surge of projects,…...
Kentucky family turns down $26 million for their 1,200-acre farm, then joins lawsuit to block the data center entirely
1+ mon, 2+ day ago (498+ words) A family in Kentucky is approaching heroic status to opponents of data centers across America. Not only did they soundly reject an offer by the operator of a facility to buy their farm at a substantially inflated price, they have…...
Virginia moves to shift more power costs from families to data centers
1+ mon, 4+ day ago (539+ words) State regulators in Virginia are rethinking who should absorb the cost of the major transmission buildout needed as data centers push electricity demand higher. As Virginia Mercury reported, a new order could place a larger share of those expenses on…...
Federal government to turn Kentucky uranium plant into AI data center, gas power complex - AOL
1+ mon, 2+ week ago (856+ words) The U.S. Department of Energy is harnessing the artificial intelligence boom in its bid to convert another Cold War-era uranium enrichment site, tapping private equity to fund a $100 billion data center complex that will include its own new natural gas and…...
Kentucky copper plant eyes growth amid AI, data center demand
1+ mon, 2+ week ago (49+ words) Pantheon Electric acquired Kentucky's Hussey Copper to help meet the massive copper demand from AI and data centers. Kentucky copper plant eyes growth amid AI, data center demand Turning up its smelters, Kentucky's Hussey Copper plant could be poised to…...
Virginia data centers face 7-year grid waits, and some build their own power to skip the line
1+ mon, 2+ week ago (387+ words) Virginia's fast-growing data center industry is hitting a notable roadblock: the electric system cannot deliver new power as quickly as many projects want. Because a grid hookup can take years, some developers are looking at generating electricity on-site instead so…...
Virginia's massive data center plan near Civil War battlefield collapses after final appeal dropped
2+ mon, 2+ day ago (331+ words) A years-long fight over one of the most ambitious data center projects in the country has come to an end in Virginia. The data center developer QTS officially ended its plans to build a section of the planned 2,100-acre data…...