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News
Virginia’s economy expected to grow modestly by end of 2026, job losses still expected
1+ week, 2+ day ago (314+ words) A new report from the University of Virginia’s Weldon Cooper Center for Public Service says Virginia’s economy is expected to grow modestly through the end of the year. However, job losses are also still expected. “It seems like we hit…...
Kentucky opens utility affordability probe as residential power costs jump 21.8%
1+ week, 5+ day ago (315+ words) With residential electricity rates rising more than 20% since 2020, Kentucky regulators are taking a closer look at what is causing energy costs to become a growing financial burden for households across the state. An affordability review of residential electric and natural…...
Virginia infrastructure holds at C in new report
2+ week, 1+ day ago (429+ words) (The Center Square) – Virginia earned an overall C for its infrastructure in a new report, with energy, schools and wastewater among the lowest-rated areas despite billions of dollars in recent state and federal investment. The American Society of Civil Engineers…...
Kentucky approves 482 MW power agreement for TeraWulf’s Justified campus
2+ week, 5+ day ago (419+ words) The Kentucky Public Service Commission approved electric service of up to 482 MW for TeraWulf's (NASDAQ: WULF) Justified Data Campus in Hancock County. The August 21 order authorizes Big Rivers and Kenergy to implement the agreement. The retail electric service agreement runs…...
TeraWulf Wins Approval For 482 MW Kentucky Data Center Power Deal, Estimates $4.5B Investment
2+ week, 5+ 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, 5+ 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…...
Proposed 400-mile power line in Virginia teeters on who should foot the bill: data centers or ratepayers
3+ week, 2+ day ago (598+ words) Virginia's booming data center buildout has intensified a fight over who should fund the power infrastructure needed to support it. For households, the answer could show up as higher monthly electric bills. Gov. Abigail Spanberger says data centers should cover…...
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, 1+ 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…...