NextEra Energy Chairman, President and CEO John Ketchum takes part in a panel throughout CERAWeek in Houston, Texas, U.S., March 10, 2025.
Kaylee Greenlee|Reuters
NextEra Energy prepares to construct 15 gigawatts of brand-new power generation for information center hubs by 2035, CEO John Ketchum informed financiers on Monday.
NextEra is the biggest renewable resource designer in the U.S. through NextEra Energy Resources, and likewise owns Florida Power & & Light. The energy likewise runs a fleet of nuclear- and natural gas-powered plants.
The power business likewise revealed a collaboration with Alphabet‘s Google system on Monday to establish 3 gigawatt scale information center schools in the U.S. with strategies to broaden to extra areas.
NextEra shares closed about 3% lower on Monday.
A gigawatt is approximately comparable to more than 800,000 homes based typically family electrical power intake in 2024, according to the Energy Info Administration.
Ketchum stated the 15 gigawatts of power for information center hubs is a “relatively conservative” target.
” Quite honestly, based upon what we’re seeing today, we’ll be dissatisfied if we do not do more,” Ketchum stated at NextEra’s financier conference. There is prospective benefit to construct 30 gigawatts of brand-new generation by 2035, he stated.
The information center hubs will utilize all kinds of energy, Ketchum stated. NextEra revealed a handle Google in October to reboot the Duane Arnold nuclear plant in Iowa through a power purchase arrangement.
The information center hubs will assist NextEra satisfy its target of developing 4 to 8 gigawatts of brand-new gas generation by 2032 and significantly more by 2035, Ketchum stated. NextEra is establishing a pipeline of 20 gigawats of gas generation.
Ketchum acknowledged that the big power need from AI information centers is raising price issues. He stated the service is for the huge tech business to bring their own power generation with them when they devote to construct an information center.
” Hyperscalers can resolve that issue by bringing and spending for their own power generation and facilities,” the CEO stated.