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Chevron Powers AI Data Centers | Durham News
Chevron is betting big on AI’s electricity hunger, locking in a 20-year deal with Microsoft to power a massive Texas data center campus — just one of many planned partnerships. Project Kilby, a $7 billion natural gas plant in the Permian Basin, will generate 2.67 gigawatts to power 2 million homes, with Chevron targeting 15% returns. By converting excess gas that would otherwise be flared into clean, private power for tech giants, the project could become a blueprint for future energy deals as U.S. data centers demand double their current power by 2030. With Amazon, Google, and Meta also…
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