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PG&E Powers AI Boom with Data Center Surge | San Jose News
Description
PG&E’s data center pipeline exploded in Q2, jumping 7.6 gigawatts to 12.7 total—proof the AI boom is spreading beyond Texas and Virginia. Most projects are still in early stages, with 26 applications totaling 8.2 GW, while only 4 projects (490 MW) have construction agreements. PG&E claims each gigawatt could cut customer bills by 1%, but pricing remains a regulatory puzzle. Meanwhile, its stock dropped 3% after missing earnings, as investors weigh growth against short-term results—PG&E is squarely at the energy frontier of the AI revolution.
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