Exxon Mobil, the largest oil and gas company in the US, is pivoting to the power sector, developing a large natural-gas power plant specially designed to supply data centers with electricity.
The new power plant's advanced technology aims to capture over 90 percent of carbon dioxide emissions, highlighting a significant step toward addressing climate change and reducing reliance on fossil fuels.
Despite the high costs of carbon-capture systems, which are still rare in power plants, tech companies are increasingly investing in cleaner energy sources, indicating a shift toward sustainable electricity.
With plans to construct and operate the power plant within five years, Exxon is aiming for a swift implementation compared to the lengthy process of building new nuclear reactors, reflecting urgency in energy solutions.
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