Kevin O'Leary
👤 SpeakerAppearances Over Time
Podcast Appearances
The electrical bills in that county are gonna go up 30%.
And that's what pissed off so many people in Virginia.
They went out of their minds as the electrical bills kept going up.
So you can't do that.
You have to bring your own power.
So the way you do that is you find low cost stranded natural gas.
You acquire the new technology, turbines that burn very, very clean, require a lot less water, because that's a big debate too.
And in some cases, no water, they're air cooled.
And you build those turbines first.
So basically the data center game is about power.
Now, here's another reason the Chinese would not want, forget about data centers.
Let's just say we're building new gas turbines that make electricity.
The Chinese don't want you to do that either because they know that that's how you're going to solve the grid problem.
You know, the people in Utah are telling me, look, is there any way when you build these power facilities for the data centers, you could sell back some of that power to our local grid?
And the answer is yes.
So now, instead of being the evil data center guys, we can be the guys that are actually powering the Utah grid, which, by the way, taps into the national grid.
So we want to build as many of these power generators before we build any data centers.
Well, mine won't be the largest for years.
That's another...
piece of misinformation being spewed everywhere, and I'm going to tell you we're doing it soon.