(Natural News)—ExxonMobil and Chevron, two of the United States’ largest oil and gas companies, are exploring opportunities to enter the power generation business as Big Tech is looking for electricity suppliers for its growing number of energy-intensive data centers.

Both companies are considering leveraging natural gas-fired power plants equipped with carbon capture technology to meet the growing demand for low-carbon electricity.

ExxonMobil announced on Dec. 11 that it is designing a “massive” natural gas-fired power plant with a generating capacity of over 1,500 megawatts. ExxonMobil claims its facility, which would be dedicated to powering data centers, will capture more than 90 percent of its carbon dioxide emissions. The company emphasized that the project aims to address the short-term need for reliable electricity while minimizing emissions.

“There are very few opportunities in the short term to power those data centers and do it in a way that at the same time minimizes, if not completely eliminates, the emissions,” said ExxonMobil CEO Darren Woods.

The company has secured land for the facility but has not disclosed its location or cost. ExxonMobil plans to operate the plant independently of the power grid, which could expedite the permitting and construction process. The plant is expected to be operational within the next five years. This would mark ExxonMobil’s first foray into power generation for external customers, as its previous gas-fired plants were built to serve its own operations.

Chevron, meanwhile, has been in discussions for over a year about supplying natural gas-fired power, coupled with carbon capture technologies, to data centers.

Jeff Gustavson, president of subsidiary Chevron New Energies, confirmed the company’s interest in the sector during an interview.

Gustavson highlighted Chevron’s experience in natural gas supply and power equipment operations as key advantages in meeting the growing demand for electricity from data centers.

“It fits many of our capabilities – natural gas, construction, operations, and being able to provide customers with a low-carbon pathway on power through CCUS (carbon capture, utilization and storage), geothermal, and maybe some other technologies,” said Gustavson.

Big Oil’s entry into power generation driven by demand to accommodate AI

Both companies are entering the power market amid a surge in electricity demand driven by the growth of artificial intelligence (AI) and other high-tech industries.

Projections indicate that U.S. electricity demand could reach record highs by 2025, following two decades of stagnation. The urgency to meet this demand has prompted the power industry to invest in new natural gas infrastructure and delay the retirement of fossil-fuel power plants. Natural gas has emerged as a leading option for providing round-the-clock electricity, given its lower cost compared to other sources.

ExxonMobil has also been working with tech giant Intel to develop new liquid cooling technologies for data centers. The partnership aims to design energy-efficient cooling solutions that could reduce emissions and improve operational efficiency. The company has committed $30 billion over the next few years to these efforts, in addition to its plans to increase oil and gas production by 18 percent by 2030.

Chevron, similarly, is leveraging its expertise in natural gas and carbon capture to explore opportunities in the power generation sector. The company’s entry into the market would mark a significant shift from its traditional focus on oil and gas production.

Watch this clip from CNBC discussing how the construction of new AI data centers all over the world is fueling a boom in cooling technology to help prevent these data centers from overheating.

This video is from the TrendingNews channel on Brighteon.com.

More related stories:

• OpenAI wants to build data centers that consume MORE POWER than the entire United Kingdom.
• Amazon investing more than half a billion dollars to build small modular nuclear reactors to power its AWS computing centers.
• Google backs construction of first small nuclear reactors to power AI data centers.
• Microsoft to bring infamous nuclear plant back to life to feed POWER HUNGRY AI data centers.
• Big Tech has a growing appetite for America’s electricity and water resources.

Sources include:

• ZeroHedge.com
• PowerMag.com
• Reuters.com
• Brighteon.com

Called Genesis, the book is a blueprint for the godless future that Schmidt and Kissinger envision, one without any acknowledgement or inclusion of God as Creator. Instead, Schmidt and Kissinger, the latter of which is now receiving his eternal consequences in the afterlife, want the world to be godless and robotic so they and their spawn can remain on the proverbial throne forever.

The Trilateral Commission has been architecting this dystopian future for many decades, it turns out. And now its members want the general public to know about it and to prepare accordingly.

The plan is to have AI actually produce fake “superhuman” people, though they will not actually be people but rather human-like automatons that are completely obedient to the powers that be (TPTB). The reason they are fessing up at this time is probably because they no longer fear that their plans will be derailed by We the People.

“Kissinger’s co-authors, former Google CEO Eric Schmidt and longtime Microsoft senior executive Craig Mundie, finished the combined work after Kissinger’s death,” writes Ryan Lovelace of The Washington Times, which obtained an advance copy of the book. “Mr. Schmidt and Mr. Mundie wrote they were among the last people to speak with Kissinger and sought to honor his dying request to finish the manuscript.”

“The authors offer a bracing message, warning that AI tools have already started outpacing human capabilities so people might need to consider biologically engineering themselves to ensure they are not rendered inferior or wiped out by advanced machines.”

(Related: Just a few weeks before he died at the ripe old age of 100, Kissinger was complaining about all the migrants he helped usher into Europe because suddenly they were protesting for Palestine.)

Humans becoming obsolete

Kissinger’s perspective sees humans as irrelevant or obsolete, thanks to the rise of AI and everything technological that surrounds it. An entire section of his book is devoted to the thesis that humans need to start thinking now about “trying to navigate our role when we will no longer be the only or even the principal actors on our planet.”

“Biological engineering efforts designed for tighter human fusion with machines are already underway.”

What Kissinger et al. mean by this is that in the coming days, new brain-computer interfaces will be installed into people’s bodies to turn them into human-AI hybrid machines. Tesla’s Elon Musk, who is now part of the incoming Trump administration’s “DOGE” plan for cleaning up Washington, is at the forefront of creating these brain-computer interfaces with Neuralink.

“Such interfaces allow for a direct link between the brain’s electrical signals and a device that processes them to accomplish a given task, such as controlling a battleship,” Lovelace explains about how it works.

Kissinger et al. are also eager to see a new world order filled with genetically “superior” people whose bodies have been specifically engineered to work better with the latest emerging AI tools. When that happens, the human race will “split into multiple lines, some infinitely more powerful than others,” the book says.

“Altering the genetic code of some humans to become superhuman carries with it other moral and evolutionary risks,” the book’s authors further write.

“If AI is responsible for the augmentation of human mental capacity, it could create in humanity a simultaneous biological and psychological reliance on ‘foreign’ intelligence.”

More related news about the dystopian future (and present) the globalists are architecting can be found at Globalism.news.

Sources for this article include:

• Technocracy.news
• NaturalNews.com

According to reports, America is facing an energy crisis, with demand for energy soaring due to the proliferation of AI and hyperscale data centers – which can use as much energy as almost 40,000 homes – the boom in advanced manufacturing, and the movement toward electrification.

Written by economist Ike Brannon, a senior fellow at the foundation, and economist Sam Wolf, the report explains partly why so many utilities and regional transmission organizations are having to get creative to meet demand.

“During the previous two decades, power demand in the United States scarcely grew as the U.S. shifted from a manufacturing to a services economy,” the authors wrote.

However, the sharp increase in demand is eating up the spare capacity in the U.S. power grid, which helps protect against brownouts and blackouts in the case of extreme weather and temporary outages by power plants. That increase contributed to a huge spike in capacity market prices at the most recent auction held by the Mid-Atlantic regional transmission organization PJM.

Prices jumped from $29 to $270 per megawatt-day “across the PJM region” and from $29 to $444 in parts of Virginia, home to more than half of the nation’s data centers, according to the study.

Aaron Ruby, a spokesperson for Dominion Energy, a major East Coast utility company and the primary utility in Virginia, vehemently disagreed with the study’s claim that prices could rise to 70% in the next decade, saying the number was “way off” for the commonwealth.

“We just released a 15-year plan forecasting residential electric bills through 2039, and they’re only projected to grow by about 2.5% a year, which is lower than normal inflation,” Ruby wrote in an email to The Center Square. “Our residential rates are among the most affordable in the country. They’re 14% below the national average.”

But the surge in power demand from data centers is projected to be so great the study’s authors argue the center cannot hold (while acknowledging that rate setting is “inherently political” and “difficult to forecast” and that it’s “unclear who will bear the cost of these price increases”).

“In Virginia, the high regulation of price and capacity has kept the increased demand from data centers from impacting prices paid by ordinary consumers, but such insulation cannot hold much longer without risking service interruptions or brownouts,” the report reads. “As data center growth expands, price increases may need to flow through to consumers more rapidly.”

In Maryland, electricity bills “are projected to increase by somewhere between two to 24% in 2025, depending on the region,” the authors added.

Other states like Georgia, Ohio, Texas, Illinois and Arizona may come to resemble Virginia in the years ahead, according to the study.

The report’s authors suggest that policymakers craft and implement policy that will make data centers part of the solution to the disproportionate demand they place on the grid, including charging them more for the energy they use.

“To ease the burden on households and small businesses, AI companies should be required to bear the additional costs of the energy they consume. This could include charging data centers higher fees to reflect their disproportionate impact on electricity markets,” the report reads.

Brannon and Wolf also recommend that states and local governments stop subsidizing data center construction, arguing that the economic benefits aren’t worth the cost to taxpayers and that utility providers start including minimum take clauses in their contracts with data centers.

“A minimum take clause guarantees a minimum payment from a utility user—such as a data center—regardless of how much energy it purchases, which provides the utility with a modicum of revenue certainty,” the authors wrote.

The study concludes with several other recommendations, saying that “paying for grid modernization… can be accommodated within existing rate structures, but only if the data centers bear their proportionate share of these costs.”

“For the first time in our history, we have this one piece of underlying technology which cuts across everything we do today,” Pichai said of generative AI. He said, “I think the opportunity to do well here is something we are leaning into.”

Three years ago, Google released plans to achieve net-zero emissions by 2030. However, the proliferation of AI data centers has led to a surge in the big tech’s power consumption, which, in return, its greenhouse gas emissions in 2023 jumped 48% more than in 2019 on a carbon-dioxide equivalent basis.

Behind the scenes, Google is likely scrambling to secure green energy and curb emissions as 2030 quickly approaches.

“It was a very ambitious target,” Pichai said of the net-zero emissions targets, “and we will still be working very ambitiously towards it. Obviously, the trajectory of AI investments has added to the scale of the task needed.”

He continued, “We are now looking at additional investments, such as solar, and evaluating technologies like small modular nuclear reactors, etc.”

Nikkei noted that Pichai wasn’t clear on where Google might start sourcing nuclear power. A bulk of that power could come from reviving older nuclear power plants. This is exactly what Microsoft did when it signed a power agreement contract with dormant Three Mile Island on the Susquehanna River near Harrisburg, Pennsylvania.

Recall that just last week, we wrote that Sam Altman-backed Nuclear SMR company Oklo announced it had finalized an agreement with the Department of Energy to advance the next phase of the SMR at the Idaho National Lab. And days ago, the Biden administration closed a $1.52 billion loan with Holtec’s Palisades nuclear plant in Michigan to revive it.

Sachem Cove Partners Chief Investment Officer Michael Alkin told Bloomberg shortly after the Microsoft-Three Mile Island deal, “It’s a wake-up call to those that have not been paying attention,” adding that demand already outstrips the supply of uranium and the restart of Three Mile Island “takes that to a bit of a different level.”

Also, the funding markets are becoming more receptive to nuclear deals as governments and big tech understand the only way to hit ambitious net zero goals is not with solar and wind but with nuclear power. In late December 2020, we outlined to readers that this would happen in a note titled “Buy Uranium: Is This The Beginning Of The Next ESG Craze?”

Furthermore, here’s Goldman’s latest note on uranium prices, which are only expected to “stairstep” higher over time.