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  • 7 hours ago
Nevada's largest utility warns it may need 3x Las Vegas's electricity demand to power proposed data centers, potentially forcing fossil fuel reliance and jeopardizing the state's 50% renewable target by 2030. NextEra dropped its zero-emissions goal and North Carolina is delaying coal plant retirements as AI-driven demand overwhelms grid capacity nationwide.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Nevada's largest utility said it may need three times the electricity required to power Las Vegas to support proposed data
00:08centers, according to AP.
00:10The utility may need fossil fuels to meet demand, putting Nevada's 50% renewable energy target by 2030 at risk.
00:16Utilities across the U.S. are adjusting plans as AI-driven data center demand rises.
00:20North Carolina is delaying coal plant retirements and adding natural gas capacity,
00:24while NextEra Energy dropped its zero emissions goal due to demand for all power sources.
00:29President Trump has encouraged coal use to meet data center and manufacturing demand as tech companies slow climate goals to
00:35support AI demand.
00:36Nevada is one of the fastest growing data center markets in the U.S.,
00:39and lawmakers are considering regulations as they weigh clean energy goals against economic benefits.
00:44The industry accounted for half of corporate clean energy procurement in 2024,
00:48but renewable supply growth remains slow as gas turbine backlogs and project delays persist.
00:53For all things money, visit Benzinga.com.
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