New York Freezes New AI Data Centers. Blame the Power Bill.
Governor Hochul signed the nation's first statewide freeze on new hyperscale data centers โ 50 megawatts and up, for as long as a year โ citing a grid nearing its limits and residential electric rates up nearly 68% since 2019. A $10 billion pipeline pauses, a 12-gigawatt queue waits, and the bill still on her desk goes further.