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re: Big Oil eyes powering Big Tech's data center demand

Posted on 12/15/24 at 1:51 pm to
Posted by dewster
Chicago
Member since Aug 2006
25984 posts
Posted on 12/15/24 at 1:51 pm to
quote:

If I had to guess, that massive $12 bil project in Louisiana that is in a blue district has to be a river parish like St James. It won't be in Orleans parish bc too crowded. Is there any other blue parish besides Orleans and St James down there?


There is a $12 billion data center going up by the Audubon Bridge next to all the power plants.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
69824 posts
Posted on 12/15/24 at 6:55 pm to
another good thread. a ton of good context from you, Saunson, and others.

Posted by Penrod
Member since Jan 2011
47328 posts
Posted on 12/15/24 at 8:28 pm to
quote:

They will get fed up with big oil's barriers and move on to someone else.

There are a lot of oil companies who can deliver faster than Big Tech can use it. They are not “Big Oil” majors, but they do big projects.

What this is really about is permitting. Pipeline companies like Enbridge, Enterprise, Targa, and Energy Transfer can deliver the goods fast if they can get the government approvals. And if they build the pipelines and gas plants the production will be the least of their worries. Independents will have that ready to go if there is a demand.

This is why Trump’s efforts to streamline project permitting is so important to our economy.
Posted by funnystuff
Member since Nov 2012
8812 posts
Posted on 12/15/24 at 9:05 pm to
This will be good for Louisiana… one quarter of the country’s carbon capture potential is in Louisiana due to the nature of our soil. Big advantages here if the tech can become cost effective
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
70614 posts
Posted on 12/15/24 at 9:13 pm to
The data center boom in NOVA has nothing to do with energy, it's because that's where the world's largest international fiber optic exchange is.

And it doesn't take Dominion Power seven years to slap together a substation and trench in to some transformers. They are actually quite good at it.
Posted by Gee Grenouille
Bogalusa
Member since Jul 2018
6790 posts
Posted on 12/15/24 at 9:51 pm to
quote:

This industry is moving very fast.


So just hire a contractor to build cookie cutter plants like all the majors are doing with production platforms. Buy it built. Entergy did this in Bogalusa about five years ago.
Posted by Clames
Member since Oct 2010
17796 posts
Posted on 12/15/24 at 10:19 pm to
quote:

What's the alternative?


Nuclear, eventually. Three-Mile Island is getting ready for getting one of the reactors to restart in 2028. Apparently the tech industry is waking up to the fact that megawatts of reliable power isn't going to happen on renewables and are now putting weight on nuclear power generation.
This post was edited on 12/15/24 at 10:20 pm
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
19452 posts
Posted on 12/16/24 at 5:00 am to
quote:

I don't think they can move fast enough for Tech. This industry is moving very fast. They will get fed up with big oil's barriers and move on to someone else.

What will "someone else" do that Exxon/Chevron can't? There aren't that many large scale natural gas producers?
Expand Energy?
Posted by Sayre
South Bend, Indiana
Member since Nov 2011
5709 posts
Posted on 12/16/24 at 7:39 am to
quote:

There is a $12 billion data center going up by the Audubon Bridge next to all the power plants.


The NRC has said they can't tap into River Bend as Louisiana is already over the base load percentage they allow to come from nuclear sources.

Big Cajun is on its last legs. It's been through a succession of equity firm owners who have done nothing but run it into the ground. It's clapped out.

Little Cajun is needed for it's peaker use for other customers.

Entergy supposedly has about 8 or so options their looking at for that data center, but haven't said which one they're going with yet

The news about that data center wasn't supposed to be released yet. Their hands were forced because someone or someones were ignoring the NDA they signed and were letting the cat out the bag.

This post was edited on 12/16/24 at 7:41 am
Posted by Stinger_1066
On a golf course
Member since Jul 2021
2899 posts
Posted on 12/16/24 at 8:06 am to
A couple of kids from Texas A&M started a company that uses the natural gas that is normally flared off an oil well to power a mobile bitcoin mining data center. Instant millionaires.
Posted by Oilfieldbiology
Member since Nov 2016
39955 posts
Posted on 12/16/24 at 8:22 am to
quote:

A couple of kids from Texas A&M started a company that uses the natural gas that is normally flared off an oil well to power a mobile bitcoin mining data center. Instant millionaires.


The actual oilfield is electrifying their rigs and fields using this same flared gas. It’s allowing for more efficient oilfield equipment to be utilized and produces more barrels at cheaper costs/lower manpower.

Greenies aren’t going to like it but energy companies like Exxon, Chevron, Shell, BP, Marathon, etc are going to provide the energy for these data centers and for other computing needs.
Posted by ragincajun03
Member since Nov 2007
25066 posts
Posted on 12/16/24 at 8:35 am to
quote:

energy companies like Exxon, Chevron, Shell, BP, Marathon, etc are going to provide the energy for these data centers and for other computing needs.


I’m here for it. Let’s Geaux!
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