Bloomberg: Microsoft is pairing its $117B annual capacity build with a promise that neither taxpayers nor other utility customers will cover the power bill.
Its answer to the grid problem is behind-the-meter generation, with Chevron’s 2.67GW gas plant selling electricity straight to a Microsoft data center for 20 years.
That model still needs political approval, because Texas Governor Greg Abbott’s moratorium froze new data-center permits and his Democratic successor has signalled a possibly tougher stance.