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The NextEra Energy, Dominion Energy merger is a data center power play tied to the AI infrastructure boom. Dominion supplies Northern Virginia's Data Center Alley, where commercial electricity sales rose nearly 30 million MWh from 2019 to 2025. NextEra argues projects now require 5 GW and $15 billion in capital, up from 200 MW and $0.5 billion.
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Summary by ByteBrief
Data center boom strains US power grids