Trump to Direct Key US Grid Operator to Hold Emergency Auction
Bloomberg.com • • general
Key Points:
- President Donald Trump and governors from several Northeastern states are advocating for an emergency wholesale electricity auction targeting technology companies.
- The plan aims to have tech giants contribute to funding new power plants to manage rising electricity demand.
- This initiative addresses conflicts over supplying electricity to data centers, which are critical for advancing AI development.
- The goal is to prevent increased utility costs for residential and business consumers while supporting tech infrastructure growth.
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