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News
New Virginia transmission line could clear 763 acres in county left with the burden, not the power
4+ day, 5+ hour ago (580+ words) A massive new transmission line planned for Virginia would run farther through Buckingham County than any other county in the state — even though Buckingham has no data center built or proposed. That disconnect is raising difficult questions about who benefits,…...
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…...
Kentucky approves 482 MW power agreement for TeraWulf’s Justified campus
2+ week, 6+ 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, 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, 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…...
Virginia moves to shift more power costs from families to data centers
1+ mon, 3+ 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…...
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 residents move closer to $35 power-bill rebates from a $650 million carbon fund
2+ mon, 1+ week ago (528+ words) A budget measure under consideration in Virginia could eventually lower electricity costs for some residents. If it takes effect, certain utility customers would get about $35 a year from the state's expanding carbon-credit revenue. The U.S. Sun reported that Virginia lawmakers approved…...
Kentucky burns millions of tons of coal. Most is mined in other states
2+ mon, 2+ week ago (59+ words) Kentucky burns millions of tons of coal every year. Less than half is mined from Kentucky ground, by Kentucky hands. Kentucky burns millions of tons of coal. Most is mined in other states Kentucky power plants burn heaps of coal…...