- Analyst Insight

Meta Plans Major Spending Hike This Year

Author Lisa Shidler

Meta intends to spend at least $115 billion this year, about 60% more than the $72 billion it spent last year as it hurries to boost its data centers and artificial intelligence program, the company said on Wednesday, January 28. 

- Blog

Louisiana Saturday Night - Meta's Massive Data Center Development Puts Focus on the Bayou State

Author Lisa Shidler

Data center mania is sweeping across the U.S., grabbing headlines and spurring investor interest. It has now reached Louisiana, where Meta is building one of the largest developments in the Western Hemisphere. In today’s RBN blog, we’ll look at two gigantic projects planned for Louisiana, the early challenges the Bayou State faced in luring developers, and why it may now be a strong contender to emerge as a major Southern data center hub after a relatively slow start. 

- Blog

I Know Places - Tech Giants May Be the Surest Bets for Data Center Power Demand

Author Lisa Shidler

Data centers are a buzzy topic in the energy industry, and while there is still a lot of fuzziness about what will actually get built and how much natural-gas-fired power will be needed to support these projects, there’s no doubt that major technology companies are well along in planning a number of massive data centers across the country. In today’s RBN blog, we’ll offer a snapshot of the plans announced by tech giants Microsoft, Amazon, Alphabet (Google) and Meta (Facebook). 

- Blog

Together in Electric Dreams - For Tech Giants, Powering Data Centers is Not All About Natural Gas

Author Ellen Chang

Tech giants such as Google, Amazon and Meta have long sought to meet their data-center power needs while at least limiting their greenhouse gas (GHG) emissions. But while many developers and utilities have turned to natural gas to power data centers because of its ability to provide reliable 24/7 power, renewable generation continues to play a role, especially if it includes plans to utilize on-site battery storage. Data centers are increasingly being co-located near new renewable generation sources, which can also boost grid reliability, as we explain in today’s RBN blog. 

- Blog

We Should Be Friends - Tech Giants' Big-Money Plans for Data Centers Hinge on Gas-Fired Power

Author Lisa Shidler

Growing power demand for data centers has been one of the biggest stories in energy markets over the past year, with natural gas-fired power plants emerging as the primary choice for developers seeking to provide the 24/7 power these massive, energy-intensive sites require. That has led many energy firms to unveil plans to sell power directly to data centers but many tech giants have also announced their own deals. In today’s RBN blog, we’ll dive into recent announcements from firms like Apple, Amazon, Google, Meta and Microsoft, which intend to collectively spend about $300 billion this year alone to boost their AI (artificial intelligence) capabilities.