"Investments like this are how we will continue to make progress toward a city that works for everyone, San Jose Mayor Matt Mahan said Wednesday. It's only possible because of the partnership and the standards we've put in place. We have created a unique set of circumstances here in the capital of Silicon Valley that will allow us to power the future without sacrificing our quality of life or our core values."
"After flirting with the prospect of creating its own municipal utility, as frustrations with PG&E over reliability concerns escalated, San Jose and the energy giant hashed out their differences through a July deal that promised infrastructure and speed improvements. The need for greater reliability has been heightened by the potential for San Jose's power capacity to grow from 1 gigawatt to 3GW once two high-voltage transmission lines constructed by Missouri-based LS Power come online within the next few years."
Equinix's data center campus at 123 Great Oaks Blvd. is adding 20 megawatts of power under a new PG&E agreement, bringing the site's total to 40MW. The additional capacity will generate approximately $2.5 million annually for the city, enough to fund either 12 new police officers or 25 interim housing units. A July deal with PG&E promised infrastructure and speed improvements after reliability concerns prompted consideration of a municipal utility. City power capacity could grow from 1GW to 3GW when two high-voltage LS Power transmission lines come online, supporting plans to attract major investments and high-paying jobs.
Read at www.mercurynews.com
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