The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the U.S. energy industry wants a piece of the action.
The latest entrant is Chevron, the country’s second-largest oil and gas company, which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers.
Chevron is working with Engine No. 1, a San Francisco-based investment firm best known for waging a successful proxy battle against Exxon…
Article Source
https://www.nytimes.com/2025/01/28/business/energy-environment/chevron-power-plant-ai.html
