Data Centers Hiding In 'Spy Country' Northern Virginia Will Need Reactor's Worth Of Power [zero hedge]
Dominion Energy, Inc. (D)
Last dominion energy, inc. earnings: 2/11 07:30 am
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Source: zero hedge
Data Centers Hiding In 'Spy Country' Northern Virginia Will Need Reactor's Worth Of Power Since the beginning of the digital age, most of the world's internet data has flowed through massive data centers in Northern Virginia. The area is known as "Data Center Alley" because it's home to the world's largest concentration of data centers. Some call the area 'spy country' because of the number of data centers used by the Central Intelligence Agency and other intelligence agencies. Given the exponential proliferation of smartphones, streaming services, smart devices, and now generative artificial intelligence, the power demanded by data centers in Northern Virginia will need nuclear reactors worth of power, if not much more, according to utility Dominion Energy. On Thursday, Chief Executive Officer Bob Blue told investors on a company earnings call that "economic growth, electrification, and accelerating data center expansion" is boosting power demand across the area. Blue said, "The data
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News
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D
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- 5/2/24 - Miss
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- 5/8/24 - Form 4
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- 5/8/24 - Form 4
- D's page on the SEC website