Oracle and OpenAI Win Michigan Approval to Power New Data Center

Group 1 - Michigan regulators approved DTE Energy's request to power a large data center development by Oracle and OpenAI, despite public opposition [1][2] - DTE's plan involves a multi-billion dollar, 1.4-gigawatt facility in Saline Township, with contracts designed to protect the power grid and ensure financial stability for DTE's other customers [2][4] - The rapid expansion of data centers in the US is causing significant changes in the energy industry, leading to increased scrutiny and controversy over their energy consumption [3][5] Group 2 - The agreement between DTE and Oracle includes minimum monthly charges and a termination fee, with Oracle contributing to a $14 billion debt deal for the project [4] - Analysts noted that the regulatory process surrounding data centers is contentious, and there is a risk of public opposition affecting future projects [5] - OpenAI's Stargate campus in Saline Township is part of a larger plan for 8 gigawatts of capacity in the US, with over $450 billion in investments planned over the next three years [5]