On March 20, 2026, the U.S. Department of Energy announced the construction of a 10 GW data center and 9.2 GW of natural gas power plants on the site of the decommissioned uranium facility in Paxton, Ohio.
This project is a joint initiative between the Japanese company SoftBank and the U.S. utility AEP Ohio, with total Japanese investment valued at $33.3 billion.
That same week, Goldman Sachs warned that the growing demand for data centers would raise core inflation by 0.1% in 2026 and 2027. Costs to secure capacity in PJM—the largest U.S. electricity grid operator—have increased nearly tenfold, transferring $23 billion in additional expenses to ordinary consumers.
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