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May 1, 2025

Peter Cook, Editor

What is the biggest story of the week related to power generation in the Permian?

 

Is it Flotek’s deal with ProFrac?  ProPWR’s continued growth?  High voltage lines to the Permian?  Well, sort of.  The real news combines all of those!  Here it is:

 

Announcing the Permian Power Connection Conference!  Leaders from the worlds of natural gas, power generation and distribution, gas processing, data centers, CNG, field gas, bitcoin, e-fracs, bitcoin, and off-grid industrial power are coming together in Midland on September 29-30, 2025!  All eyes are on the Permian Basin for distributed power in a wide variety of applications.  Join us in Midland to hear from and network with future partners, suppliers, buyers and sellers.  Check out the website and learn more about how you can be involved.

 

Of course, if you have any news, announcements, press releases, or in depth posts or analysis of your own to share, send it to power@powerpermian.com for us to consider including it!  And feel free to contact with us on LinkedIn here or here or here!

And now, the news…

Permian Power Digest Issue #4

Flotek to buy mobile power generation assets, multi-year lease from ProFrac in $105M deal

Flotek said the acquired assets include digitally enhanced mobile natural gas conditioning and distribution units providing real-time gas monitoring and dual fuel optimization for remote, behind-the-meter power generation with applications across multiple markets; 22 assets will be placed into rental service immediately and eight additional units are expected to be added during H2 2025.

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PROPWR Accelerates Growth

ProPetro financial results reveal a capacity increase from 140MW to 220MW with letters of intent for 75MW more.

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Meta Increases Data Center Capex

In the company's earnings release Wednesday, Meta upped their capex guidance to reflect additional data center investments to support their artificial intelligence efforts as well as an increase in the expected cost of infrastructure hardware.

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New Event Announced Focusing on Power Generation in the Permian

Don’t miss this event in Midland, TX on September 29 & 30, where leaders from across so many industries will come together to discuss power generation for data centers, e-fracs, midstream facilities, bitcoin, gas processing, etc.

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ERCOT gets OK to use high-voltage lines, creating Texas power superhighway

State regulators have unanimously approved the biggest upgrade to the Texas electric grid in more than a decade, a plan that calls for creation of a power superhighway using super-high voltage lines for the first time.

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Phillips 66 to expand Permian gas processing capabilities

Phillips 66 has taken final investment decision to build the 300-MMcfd Iron Mesa gas processing plant near the existing 160-MMcfd gas plant in Goldsmith, Ector County, TX.

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Meet the Canadian Fossil-Fuels CEO Who Wants to Power Trump’s America

President Trump’s ambitions to grow U.S. manufacturing, win the AI race with China and unleash fossil fuels will require massive amounts of power. Nathan Ough says he can help.

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Costs to build gas plants triple, says CEO of NextEra Energy 


The CEO of NextEra Energy said that gas turbines have a multi-year backlog, leading to soaring costs for new gas-fired power plants. Renewables “are cheaper and available right now.”

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Amazon and Nvidia say AI data center demand is not slowing down

Amazon and Nvidia executives said they only see power demand rising due to artificial intelligence.

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U.S. Secretary of Commerce Howard Lutnick Has a Bitcoin Vision for America

“We’re going to make it so that if you want to mine Bitcoin and you find the right place to do it, you can build your own power plant next to it,” said Secretary Lutnick in the interview.

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Powering the AI Boom: How Onsite Power Generation Technologies with Integrated Cooling is a Game Changer for Data centers

Rakesh Govindasamy and Prateek Vyas of Bloom Energy outline the benefits of embracing onsite power generation with integrated cooling.

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Texas seeks to become epicenter of advanced nuclear

Surging electricity demand from industries and data centers, as well as a supportive regulatory framework, have lured a spate of nuclear investors to Texas.

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Belltown Power to develop six data centers in North Texas

Projects have a combined capacity of 1.435GW

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New IEA Report Contrasts Energy Bottlenecks with Opportunities for AI and Data Center Growth

As AI’s power demands surge, the International Energy Agency warns that grid capacity—not chips—may be the real constraint on intelligence at scale. A new global forecast reveals how electricity access, infrastructure delays, and energy diversification will shape the next decade of data center expansion.

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Arizona governor rejects fast-track for small nuclear reactors at data centers

“I am supportive of conversations around the responsible adoption of emerging technologies, including the potential deployment of small modular reactors that may help address generation capacity concerns,” Hobbs wrote in her veto letter. “Unfortunately, this bill puts the cart before the horse by providing broad exemptions for a technology that has yet to be commercially operationalized anywhere in this nation.”

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For Tech Giants, Powering Data Centers is Not All About Natural Gas

Data centers are increasingly being co-located near new renewable generation sources, which can also boost grid reliability.

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Balancing Old and New: Developing Renewable Energy Projects and Data Centers on Oil and Gas Sites

Madeline Thomas of Hurch Blackwell gives an overview of considerations for those purchasing or leasing land for data center projects.

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