AEP plans to invest about $4 billion in a 702 MW Bloom fuel cell plant near Cheyenne, Wyoming, under a 20-year power purchase agreement with Google. The sum equals about 5% of the $78 billion AEP plans to invest from 2026 through 2030.
Perspective Coverage
3 publishers
- Builder
- Builder 27%
- Operator
- Operator 40%
- Investor
- Investor 33%
Reality
- Evidence55
- Adoption30
- Hype gap+20
- Incentives65
- Confidence60
Fervo's engineered geothermal reservoir in Utah starts feeding the grid at 33 MW
Fervo Energy is selling 33 MW from Cape Station in Utah to the grid, the first utility-scale next-generation geothermal plant to do so, Canary Media reported. The unit has only just started ramping up, so there is no long-run output record yet.
Reality
- Evidence40
- Adoption15
- Hype gap+30
- Incentives60
- Confidence50
Google contracts 396 megawatts of Fervo geothermal for delivery starting in 2028
Fervo's Cape Station geocluster in Beaver County, Utah is meant to begin operating in 2028, and Google holds an option to raise its offtake toward a gigawatt by June 2030. No price has been published.
Reality
- Evidence54
- Adoption32
- Hype gap+25
- Incentives66
- Confidence50
Google will pay extra for heat that never stops, and Nevada wrote it into a tariff
Ormat's up-to-150MW deal with Google is more than ten times its first data centre contract, and the emerging-technology premium rides on the buyer's bill. Delivery starts in 2028.
Reality
- Evidence32
- Adoption34
- Hype gap+34
- Incentives62
- Confidence44
Ormat's fracked-rock bet has data-center contracts through 2030 and no commercial EGS wells yet
The geothermal operator has 163 MW of signed data-center PPAs and a 2028 build target needing about five times that. Its enhanced-geothermal pilots will not report costs until the contracts are running.
Reality
- Evidence24
- Adoption33
- Hype gap+46
- Incentives78
- Confidence45
Ormat's fracking bet: geothermal anywhere, tested where geothermal already works
The world's largest geothermal operator wants to sell AI data centers power anywhere. Its two pilots sit at plants it already owns, and revenue is growing ten times faster than profit.
Reality
- Evidence42
- Adoption34
- Hype gap+42
- Incentives72
- Confidence52