US utilities and grid operators are now demanding higher rates, longer contracts, collateral, and steep engineering study fees from data center developers, in an attempt to weed out what the industry calls “phantom” data centers.
Fusion startup Realta Fusion this week announced a deal with Madison Gas and Electric that will place one of the first grid-connected fusion power plants in the country in Wisconsin. The partnership comes as utilities around the world have been jockeying to court fusion startups, a courtship that says as much about utilities’ anxiety over…
