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Oracle on the hook to pay data centre investors even if site has no electricity

158 points · 154 comments · Betelbuddy

  1. peri-cl · · focus · HN ↗
    I'm very curious what happens now to the several gigawatts of fuel cells, that this project supposedly purchased to supply power.

    > "Oracle signed a deal with solid oxide fuel cell (SOFC) developer Bloom last year for 1.8GW of power, expanding it to 2.8GW of capacity in April."

    <a href="https:&#x2F;&#x2F;www.datacenterdynamics.com&#x2F;en&#x2F;news&#x2F;new-mexico-regulators-reject-natural-gas-pipeline-for-oracles-25gw-project-jupiter-data-center&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.datacenterdynamics.com&#x2F;en&#x2F;news&#x2F;new-mexico-regula...

    <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Bloom_Energy" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Bloom_Energy

    I was surprised to read we&#x27;re already building fuel cell power plants on this scale (this is a first of its kind project—by far this startup&#x27;s largest customer). I didn&#x27;t realize the tech was that mature. Now I&#x27;m left wondering if they actually ever intended to, or whether this was some kind of circular financial-engineering vaporware.

    1. 486sx33 · · focus · HN ↗

      [dead]

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