{"data":{"id":1928,"lang":"en","title":"National Grid Bets $1.75 Billion on US AI Power Boom With Joulent Investment","summary":"National Grid Ventures is investing $1.75 billion for a 35% stake in U.S. energy platform Joulent to fund gas-fired power plants for AI data centers, starting with a 2.67-GW Texas facility serving Microsoft.","category":"business","category_label":"Business","published_at":"2026-07-02T02:02:01Z","updated_at":"2026-07-02T02:02:01Z","url":"https://techtools.cz/tools/news/article/1928-national-grid-bets-1-75-billion-on-us-ai-power-boom-with-joulent-investment","api_url":"https://techtools.cz/news-api/v1/articles/1928?lang=en","markdown_url":"https://techtools.cz/news-api/v1/articles/1928.md?lang=en","image_url":"https://eu-images.contentstack.com/v3/assets/blt8eb3cdfc1fce5194/bltf296102f7d0c8812/6a4533bf8b73521d38a1d31d/GettyImages-2198004413.jpg","word_count":189,"reading_time_minutes":1,"sources":[{"url":"https://www.datacenterknowledge.com/energy-power-supply/national-grid-agrees-to-1-75b-investment-in-joulent-to-expand-ai-power-infrastructure","domain":"datacenterknowledge.com"},{"url":"https://www.prnewswire.com/news-releases/national-grid-ventures-to-invest-1-75bn-to-accelerate-power-solutions-for-us-data-centers-and-ai-302815750.html","domain":"prnewswire.com"}],"translation":{"lang":"cs","id":2001,"title":"National Grid vsází 1,75 miliardy dolarů na americký AI energetický boom investicí do Joulentu","url":"https://techtools.cz/tools/news/clanek/2001-national-grid-vsazi-1-75-miliardy-dolaru-na-americky-ai-energeticky-boom","api_url":"https://techtools.cz/news-api/v1/articles/2001?lang=cs"},"content":"Britain's National Grid will invest $1.75 billion for a 35% stake in Joulent, a U.S. energy platform building power infrastructure for data centers, as it moves to capture surging AI-driven electricity demand. The deal, announced through National Grid Ventures, targets the fast-growing \"large load\" market of data centers and AI compute facilities across the United States.\n\nThe investment will fund Joulent's first project, Kilby: a 2.67-gigawatt gas-fired power facility in West Texas developed in a 50/50 partnership with Chevron. Under a 20-year power purchase agreement, Kilby will supply a Microsoft-operated data center campus, with first power targeted for 2028. National Grid CEO Zoe Yujnovich called the deal \"disciplined, partner-led exposure to critical infrastructure for the AI-driven large load economy.\"\n\nElectricity demand from data centers powering generative AI rose 17% in 2025, far outpacing the 3% growth in overall global electricity demand. National Grid says the partnership will also reinforce its existing data-center connection program, under which it plans to connect more than 10 gigawatts of capacity across the UK and US over the next five years, as part of a wider five-year, roughly $90 billion capital investment program."}}