October 29，2025
Pacific Gas & Electric (PG&E), California's major utility provider, reported a decrease in its total data center project pipeline, which now stands at 9.6 gigawatts (GW), according to its third-quarter earnings report. This represents a reduction of 400 megawatts (MW) compared to the 10GW reported in June.
The company attributed the decline in early-stage projects to its corporate "no big bets plan," as stated by CFO Carolyn Burke. Despite this overall contraction, the utility highlighted significant progress within its development pipeline.
A key development is that 18 projects, totaling 1.6GW of capacity, have now advanced to the final engineering stage. This is an increase from the 1.5GW in this phase during the second quarter. PG&E expressed high confidence in these projects, estimating that 95 percent of those reaching this final stage will achieve operational status by 2030, with several expected to come online as early as 2026.
"Our data center pipeline remains robust at over 9.5GW," said PG&E CEO Patricia Poppe. "We've seen modest net attrition in our application and preliminary engineering phase since June. However, our projects in the final engineering stage continue to grow and advance."
Poppe further contended that data centers designed to support AI inference workloads have "strong and compelling reasons" to locate within PG&E's service territory, which includes Silicon Valley. The company also stated that connecting these large-scale data center customers is projected to reduce electric bills for other ratepayers by one to two percent.
While PG&E's capital investment plan remains unchanged at up to $73 billion, CFO Burke indicated that the company is unlikely to expand this plan to attract additional large-load customers due to its current low stock valuation.
The report follows several strategic moves by PG&E in the data center space this year, including the development of a 200MW data center campus in San Jose and a first-of-its-kind agreement with the city to guarantee power delivery for large customers.
SOURCE DCD
