Texas, USA is rapidly becoming a focal point for energy companies aiming to capitalize on the burgeoning artificial intelligence (AI) industry. The state’s favorable regulatory environment, abundant energy resources, and strategic location have attracted numerous firms seeking to power the next generation of data centers essential for AI operations.
ExxonMobil’s Foray into AI Energy Solutions
ExxonMobil, headquartered in Irving, Texas, is making significant strides to support AI data centers. The company plans to construct a natural gas-fired power plant dedicated to supplying electricity to a data center. By incorporating carbon capture and storage technology, ExxonMobil aims to reduce the plant’s emissions by up to 90%. This initiative reflects Exxon’s strategy to provide reliable, low-carbon power solutions tailored to the growing demands of AI infrastructure.
Chevron’s Strategic Initiatives
Chevron, another major player in the energy sector, is also exploring opportunities to power AI data centers. The company is leveraging its expertise in natural gas and carbon capture technologies to develop power generation solutions that meet the substantial energy requirements of AI operations. While specific project details are forthcoming, Chevron’s commitment underscores the increasing intersection between traditional energy companies and the tech industry’s evolving needs.
Lancium’s Expansion in West Texas
Houston-based Lancium is actively expanding its footprint to support AI data centers. Initially focused on cryptocurrency mining, Lancium has shifted its focus to AI, recognizing the sector’s exponential growth. The company is developing a 1,000-acre data center campus in Abilene, Texas, slated to open in the first quarter of 2025. The facility will commence operations with 250 megawatts of power, scaling up to 1.2 gigawatts by 2026. Lancium’s strategy involves situating large electric loads near abundant renewable energy sources in west and central Texas, optimizing both efficiency and sustainability.
Crusoe Energy’s Ambitious Project in Abilene
AI startup Crusoe Energy is planning a substantial investment of up to $3.5 billion to build a data center campus in Abilene, Texas. This project is expected to benefit from an 85% property tax abatement, contingent upon a minimum expenditure of $2.4 billion. The development is part of the Stargate initiative, a joint AI infrastructure venture involving OpenAI, Oracle, and SoftBank. Oracle is designated as the tenant for multiple data center buildings on the site. Crusoe’s commitment includes constructing six new centers, each at least 100,000 square feet, augmenting the two currently under construction. The project also mandates the creation of 357 full-time jobs with minimum salaries of $57,600.
Calpine’s Carbon Capture Initiatives
Calpine Corporation, based in Houston, Texas, is the largest generator of electricity from natural gas and geothermal resources in the United States. In July 2023, Calpine announced a $25 million carbon capture technology project capable of capturing 95% of a plant’s carbon emissions. This initiative is part of Calpine’s broader strategy to provide cleaner energy solutions, which could be instrumental in powering energy-intensive AI data centers.
Enel North America’s Hybrid Projects
Enel North America has been active in Texas, operating hybrid renewable energy projects that combine solar or wind power with battery storage. The Lily solar + storage project, located east of Dallas, integrates a 181 MW solar plant with 55 MW of battery storage. Similarly, the Azure Sky Wind + Storage power plant in Throckmorton County combines a 350 MW wind farm with a 137 MW battery. These projects exemplify innovative approaches to meeting the substantial and growing power demands of AI data centers.
Quanta Services’ Infrastructure Support
Quanta Services, headquartered in Houston, Texas, provides infrastructure services for the electric power sector. With approximately 40,000 employees and revenues nearing $30 billion as of February 2024, Quanta is well-positioned to support the development of energy infrastructure necessary for AI data centers. The company’s expertise in planning, design, installation, and maintenance of network infrastructure makes it a critical player in this evolving landscape.
The convergence of energy and technology sectors in Texas highlights a dynamic shift as companies adapt to the escalating power demands of AI data centers. Through strategic investments and innovative projects, these firms are not only addressing current energy needs but also paving the way for a more integrated and sustainable future.
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10 best attractions in texas for a one day business trip
In Dallas
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The Sixth Floor Museum at Dealey Plaza
A compelling look into JFK’s life and legacy. Located in downtown Dallas.
👉 jfk.org -
Klyde Warren Park
An urban green space over a freeway, ideal for a quick lunch or coffee break.
👉 klydewarrenpark.org
In Houston
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The Museum of Fine Arts, Houston
World-class art collection, just minutes from downtown. Great for a cultural escape.
👉 mfah.org -
Buffalo Bayou Park
A beautiful park for a short walk or jog with skyline views.
👉 buffalobayou.org
In Austin
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Texas State Capitol
Free tours and stunning architecture right in the heart of Austin.
👉 tspb.texas.gov -
South Congress Avenue (SoCo)
Iconic Austin street lined with shops, murals, and food trucks — perfect for a quick taste of local flavor.
👉 austintexas.org
In San Antonio
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The Alamo
Quick but rich in history, the Alamo is San Antonio’s must-see landmark.
👉 thealamo.org -
San Antonio River Walk
Scenic, walkable, and lined with great restaurants — perfect for dinner after meetings.
👉 thesanantonioriverwalk.com
Near Major Airports (Fast Access)
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Dallas-Fort Worth Airport: Founders’ Plaza Observation Area
A relaxing spot to watch planes land and take off before your flight.
👉 dfwairport.com -
Houston Hobby Airport: 1940 Air Terminal Museum
A small but interesting aviation museum just minutes from the terminal.
👉 1940airterminal.org
