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Forbes

Meta exits RE100 as it backs 10 Louisiana gas plants totaling 7.5GW for AI data centers

AI Market Summary
Meta's exit from RE100 and its large-scale backing of gas-fired generation for AI data centers reinforces near-term structural demand for U.S. natural gas. The move highlights renewables' difficulty in meeting rapid hyperscale load growth and aligns with IEA expectations that gas and coal supply a large share of incremental data-center power through 2030. This supports higher utilization and new-build economics for gas power assets.
Impact level
● Medium
Affected assets
NCCO7241NATGAS2USD/USDT-3.22%
AI Insight · NCCO7241NATGAS2USD/USDTAI Insight
▲ Bullish
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Meta has left the RE100 renewable-energy initiative as it ramps up investment in natural gas power to support AI-driven expansion of its data centers, including agreements tied to 10 plants in Louisiana totaling 7.5GW and a 200MW project in Ohio. The company still says it will match 100% of its annual electricity use with clean and renewable energy, but its near-term demand is increasingly being met by gas generation. The International Energy Agency projects that natural gas and coal will supply more than 40% of the additional electricity demand from data centers through 2030.
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