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Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers

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  • Post last modified:January 28, 2025

The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the US energy industry wants a piece of the action. Chevron, the country’s second-largest oil and gas company, is the latest entrant, working with Engine No. 1 to build natural gas-fueled power plants that will feed energy directly to data centers. Chevron has ordered critical equipment, scouted potential sites, and aims to have its first plant online within three years.

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