Trump, Power Plants and Tech Companies
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Louisiana regulators have adopted a new rule that suspends certain consumer protections if utility companies need to quickly build power plants for certain industrial developments, including data centers, that require massive amounts of electricity.
Big Tech has expanded investments in renewable energy to gas and nuclear plants in the race to power new data centers. December 11 - Big Tech signed a number of U.S. deals to source gas-fired power in 2025, alongside clean power commitments, as fast access ...
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US data centers add $6.5b to power costs raising AI energy concerns
Data centers in the US have added $6.5 billion to electricity costs, fueling concerns about the energy demands of artificial intelligence (AI). The Big data centers, where powerful computers run cloud services, AI systems, and other digital operations, are quickly growing to become among the country’s largest electric consumers.
Fueled by a boom in artificial intelligence and the nation’s insatiable demand for cloud computing, Michigan is plunging into an era of massive data centers. Across the state, developers are pitching the sprawling facilities for Big Tech housing digital ...
Trump and a group of governors from northeastern states are calling on PJM Interconnection, the nation's largest power grid operator, to hold a new power auction. The goal is to allow major tech companies to foot the bill for new power plants.
AI power stocks were on the move Friday following reports President Trump intends to urge America’s largest electricity grid to make tech giants pay for new power plants. The Trump administration and a group of governors intend to urge PJM Interconnection,