NEWS: PG&E avoids ‘big bets’ as data center demand softens

PG&E is staying cautious as California’s data center boom shows signs of slowing. (Utility Dive)

  • The utility’s data center pipeline fell to 9.6 GW, down 400 MW since June, though 18 projects (1.6 GW) have advanced to final engineering. 

  • CEO Patti Poppe said the company remains focused on a “no big bets” strategy—upgrading and hardening existing infrastructure rather than chasing new megaprojects.

  • PG&E aims to cut customer bills by 1–2% per GW of new load, using revenue from large users to offset its $73B capital plan.

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