Exelon (EXC) Slashes AI Data Center Pipeline, Weeds Out Speculative Projects
Exelon has reduced its forecast for new data center projects due to increasing public opposition to artificial intelligence infrastructure across the United States. The company is actively removing speculative developments from its pipeline to focus on more viable initiatives. This shift highlights the growing logistical and social hurdles facing utilities as they attempt to balance the heavy power demands of data centers with regional resistance.
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- BBloomberg Technology↗Emily ForgashJul 30