PG&E Will Upgrade Infrastructure as Part of 5-Year, $73-Billion Investment Plan

PG&E Will Upgrade Infrastructure as Part of 5-Year, $73-Billion Investment Plan

California utility PG&E announced a $73-billion capital expenditure plan covering the next five years, with investments targeting infrastructure upgrades to support growing demand for electricity in its territory, particularly from data centers.

PG&E Launches $73B California Grid Plan To Feed Starving AI

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PG&E Launches $73B California Grid Plan to Feed Starving AI

Pacific Gas and Electric has unveiled a $73-billion spending program through 2030 to overhaul California’s grid as electricity demand from artificial intelligence and cloud infrastructure explodes, Reuters reported on Monday. The utility said the plan will support as much as 10 gigawatts of new load from data centers slated for development in its service territory over the next decade. Brent crude and copper traders aren’t the only ones recalibr…

PG&E to Invest $73 Billion in Capital Spending Through 2030

PG&E Corp. plans to invest $73 billion in capital expenditures through 2030, the company announced in a call with investors Monday.

PG&E Unveils $73 Billion Spending Plan to Meet Surging Data-Center Energy Demand - Energy News, Top Headlines, Commentaries, Features & Events

Sept 29 (Reuters) – U.S.-based utility PG&E Corp (PCG.N) said on Monday it plans to spend $73 billion by 2030 for transmission upgrades to meet the data center-led surge in electricity demand. The company had said in July it was working to serve 10 gigawatts (GW) of new electricity demand from data center projects over ...

PG&E launches $73B California grid plan to feed starving AI – Oil & Gas 360

(Oil Price) – Pacific Gas and Electric has unveiled a $73-billion spending program through 2030 to overhaul California’s grid as electricity demand from artificial intelligence and cloud infrastructure explodes, Reuters reported on Monday. The utility said the plan will support as much as 10 gigawatts of new load from data centers slated for development in its service territory over the next decade. Brent crude and copper traders aren’t the only