Trump and Northeastern Governors Push for 15-Year Power Auction to Fund Data-Center Grid Upgrades

1 min read
Source: CNN
Trump and Northeastern Governors Push for 15-Year Power Auction to Fund Data-Center Grid Upgrades
Photo: CNN
TL;DR Summary

The White House and a bipartisan group of Northeastern governors are pressuring PJM, the region’s power-grid operator, to hold an emergency 15-year electricity auction limited to technology companies building data centers. Proceeds would fund new power plants to meet data-center-driven demand over the next decade and a half, aiming to curb rising costs for consumers. PJM says it wasn’t invited to the plan and warned it cannot guarantee supply, highlighting an industry-wide surge in power use as AI infrastructure expands. Some tech firms, like Microsoft, have signaled willingness to cover grid upgrades and higher bills to support the system.

Share this article

Reading Insights

Total Reads

0

Unique Readers

7

Time Saved

443 min

vs 444 min read

Condensed

100%

88,71499 words

Want the full story? Read the original article

Read on CNN