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  • 8 months ago
The Trump administration plans to push PJM Interconnection, the nation’s largest electricity grid, to force major technology companies to pay for new plants.

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00:00The Trump administration plans to push PJM Interconnection, the nation's largest electricity grid,
00:06to force major technology companies to pay for new power plants as data centers drive soaring power costs.
00:12President Trump wants an emergency auction requiring tech firms to fund $15 billion in new baseload generation
00:19while capping prices charged by existing plants to protect consumers and reduce blackout risks.
00:25Officials argue data centers have caused a massive cost shift to ratepayers
00:29with power shortages raising the likelihood of more frequent blackouts across the region.
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