News ClipThe Texas Energy and Power Newsletter·TX
Texas power companies and utilities see stellar 2Q on data center expansion
Texas utilities experienced strong revenue growth in the second quarter, primarily due to the rapid expansion of data centers driven by the artificial intelligence boom. Despite political pushback from state officials like Governor Greg Abbott, utilities maintain positive earnings outlooks. Texas is projected to surpass Virginia as the global leader in data center power markets by 2030.
8/25/2026