How the White House and governors want to fix AI-driven power shortages and price spikes
ABC News • • business
Key Points:
- The White House and bipartisan governors are urging PJM Interconnection, the mid-Atlantic power grid operator, to hold power auctions for tech companies to build new power plants to address rising energy demand and curb price hikes.
- A statement of principles will be signed by the Trump administration and governors, including Pennsylvania’s Josh Shapiro, who seeks to extend limits on wholesale electricity price increases for consumers.
- PJM Interconnection declined to attend the Friday event, stating they were not invited, while the White House emphasized the priority of reliable and affordable electricity amid growing concerns over AI data centers' energy consumption.
- Consumer advocates highlight that ratepayers are paying billions more to support power for data centers, yet new power plants are not being built
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