Oil prices little changed as higher exports offset supply concerns
The G7 has agreed to release 100 million barrels from emergency reserves, but has not specified the mix of fuels or participating countries.
Black Hills plans $1.8 billion power expansion for Google data center
Google will cover electricity supply costs for the proposed Wyoming facility, while Black Hills expects about $150 million in additional net income by 2030.
Black Hills Corp announced on October 6 a plan to spend $1.8 billion during 2027-2029 on generation capacity after signing electricity supply agreements for a proposed Google data center in Cheyenne, Wyoming. The utility said it would build 564 megawatts (MW) of new capacity for the project.
Under the agreement, Google must pay the entire electricity supply cost, Black Hills said, shielding the utility's other customers from those expenses. The South Dakota-based company projects an increase of about $150 million in net income by 2030 from the project.
Deliveries of electricity are scheduled for late 2027, with demand expected to reach its peak in 2030. Black Hills said the anticipated mix of resources totals 2.7 gigawatts (GW), including reserve margins.
Grid supply will account for up to 590 MW, chiefly generated by a new gas plant at Cheyenne Prairie Generating Station. A privately managed microgrid will allow Black Hills to oversee about 2.1 GW of resources provided by third parties in Wyoming.
In a separate agreement, Google contracted for 3.59 GW of power from Constellation Energy. Constellation will spend more than $4.3 billion on its fleet.