From TokenPost · · 50s
Google Data Center Power Deal Faces Billion-Dollar Cost Dispute
Google's 15-year Minnesota data center power deal sparks $1 billion cost dispute between Xcel Energy and state regulators.
In brief
Google's 15-year Minnesota data center power deal sparks $1 billion cost dispute between Xcel Energy and state regulators. Google's proposed 15-year power contract for a Minnesota data center faces $1 billion cost dispute between Xcel Energy and state regulators. Originally reported by TokenPost.
Power Contract Dispute
Xcel Energy and Minnesota's attorney general office dispute Google's proposed 15-year data center power contract's impact on customers.
Net Cost Projections
Xcel projects $1.1 billion net benefits for customers while the attorney general says $1 billion net costs over the contract term.
Project Details
The deal includes 1,400 megawatts of wind, 200 megawatts of solar, 300 megawatts of iron-air battery storage, and $50 million for Xcel's Capacity*Connect program.
Cost Protection Mechanism
The contract sets a minimum monthly bill to ensure payments even if Google uses less power than contracted capacity.
What it means
Google's proposed 15-year power contract for a Minnesota data center faces $1 billion cost dispute between Xcel Energy and state regulators.
