Virginia's Data Center Boom: 40.2 GW of Power Contracts Signed
2025-02-13
Dominion Energy, Virginia's largest utility, serving the global data center hotspot 'Data Center Alley,' reported a near doubling of data center power demand in the latter half of 2024. Total contracted power capacity for data centers reached 40.2 gigawatts in December, up from 21.4 gigawatts in July. This surge is driven by the rapid growth of data centers and AI, alongside manufacturing expansion and increasing economic electrification. Despite DeepSeek's release of a more energy-efficient AI model causing some market recalibration, CEO Bob Blue affirmed that Virginia's data center growth is accelerating, not slowing.
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energy demand