Joined October 2023
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109 Photos and videos
Data centers are not driving up your electric bill. Read the latest op-ed on Real Clear Energy by Shon Hiatt, Director of the Zage Business of Energy Initiative. @USC realclearenergy.org/articles…
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Zage Business of Energy Initiative retweeted
May 26
Full report here: drive.google.com/file/d/1IWo…
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Zage Business of Energy Initiative retweeted
May 26
In sum, data centers have a small impact on wholesale prices and even smaller effect on retail rates for most customers. #datacenter #powerprices
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Zage Business of Energy Initiative retweeted
May 26
Notably, the residential price impact occurs only for customers of electric cooperatives and municipal utilities. There is no significant effect on investor-owned utilities’ (IOUs) retail rates, which serve 68% of the U.S. population.
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Zage Business of Energy Initiative retweeted
May 26
--Retail markets--
A doubling of a utility's operating data-center capacity is associated with ~ 0.65% increase in residential prices, or $1.00–$1.06/MWh. There is no measurable impact on commercial or industrial rates.
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Zage Business of Energy Initiative retweeted
May 26
--Wholesale markets--
Data-center entry is associated with higher local congestion costs of approximately $1.45–$2.30/MWh, and an overall wholesale price increase of approximately $3.44/MWh in the year following entry.
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Zage Business of Energy Initiative retweeted
May 26
Do data centers increase electricity prices? Our latest report from @USCEnergy answers this question. We examine data center entry on wholesale (2020-2025) and retail electric prices (2015-2025) in the United States.
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Students from the Business of Energy in the 21st Century course visited PBF Energy’s Torrance Refining Company location to get a close-up look at the refining process. This was an amazing educational experience! #EnergyLeadership @USC
ALT Group of USC students visiting PBF Energy's Torrance Refining Company location to learn about the refining process.
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Zage Business of Energy Initiative retweeted
Apr 18
A vibrant exchange on national energy trends and Utah's "Operation Gigawatt" with Salt Lake County Mayor Jenny Wilson and her team as well as other local municipal leaders.
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Zage Business of Energy Initiative retweeted
Apr 18
Utah has great potential for growth in energy and mineral production while protecting the environment.
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Kris Kim, Marshall alum, talked about key drivers in the energy industry. He shared insights and career advice from his professional experience working at So Cal Edison, Sempra, and Bloom Energy. He said to always look ahead to where the industry is going. #EnergyLeader @USC
ALT Kris Kim with a group of USC students
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Zage Business of Energy Initiative retweeted
Apr 16
It was pleasure to join discussions on data centers, "Operation Gigawatt", energy, and water in Utah at the Kem C. Gardner Policy Institute and with Salt Lake County.
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Zage Business of Energy Initiative retweeted
Apr 16
#Utah currently has 48 operational data centers drawing 920 MW of power, with an additional 2,600 MW now under construction. The dialogues explored how to meet that growing power demand while navigating the state's air quality and water challenges.
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Zage Business of Energy Initiative retweeted
Apr 16
Utah faces a risk of power shortages as data center and manufacturing demand rises, baseload generation comes offline, and new sources are not fast enough to come online.
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Zage Business of Energy Initiative retweeted
Apr 16
Many thanks to moderator Natalie Gochnour and fellow panelists Darin Knapp, Paul Cutler, and Bill Anderegg as well as Salt Lake County Mayor Jenny Wilson and her team for the engaging and informative exchange.
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Zage Business of Energy Initiative retweeted
Apr 15
Utah leads the nation in #beryllium, #magnesium, and is home to a tier 1 #copper mine with full vertical integration from mining to smelting and refining.
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Zage Business of Energy Initiative retweeted
Apr 15
We had a productive conversation on how industry, policy, and infrastructure can align to secure the critical minerals powering our energy and digital future.
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Zage Business of Energy Initiative retweeted
Apr 15
In #Utah this week discussing energy, data centers, and the mineral supply chains with Brian Somers, President of the @Utah_Mining, and Burke Olsen @burkeo, Publisher of the @Deseret.
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Zage Business of Energy Initiative retweeted
@ShonHiatt: A lot of data centers are going to areas of Texas with scarce water resources
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