Chevron Joins Pact to Build Gas Plants for AI Data Centers

Oil and gas producer partners with GE Vernova, Engine No. 1
Chinese AI company DeepSeek throws power forecasts into doubt

A power substation near a data center in Ashburn, Virginia.
Photographer: Nathan Howard/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Joe Ryan

January 28, 2025 at 8:55 AM EST

Updated on

January 28, 2025 at 10:39 AM EST

Chevron Corp., investor Engine No. 1 and GE Vernova Inc. formed a partnership to develop natural gas-fired power plants next to data centers, aiming to tap into artificial intelligence’s surging demand for electricity.

The companies plan to have their first multi-gigawatt plant up and running by the end of President Donald Trump’s term, providing power directly to a nearby data center, according to a statement Tuesday.