Why Did Google Acquire a Major Energy Developer?
Автор: Latitude Media
Загружено: 2026-01-13
Просмотров: 19
Описание:
Alphabet just agreed to acquire Intersect Power for roughly $4.75 billion. But this isn't your typical renewable energy deal.
In this segment of Open Circuit, we break down why Google is moving into owning power development outright. Stephen Lacey, Caroline Golin, and Jigar Shah unpack what the deal signals about a new era of electricity markets — one defined by AI-driven load growth, capacity constraints, and the rising value of energy optionality.
We discuss why Intersect’s merchant power strategy mattered, how co-located energy and data center development changes the speed-to-power equation, and why tech companies increasingly sees electricity as a strategic input it needs to control.
Watch the full episode: • How AI Is Stress Testing the Electric Grid
Additional reading on the acquisition: https://www.latitudemedia.com/news/go...
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