Trump and Mid-Atlantic governors want tech companies to pay for new power plants
The Trump administration and a group of bipartisan Mid-Atlantic governors are pressing the PJM Interconnection, the largest electricity market in the US, to hold a power auction aimed at driving a significant expansion of new power plants. They are urging PJM to organize an "emergency" auction for companies to secure electricity through 15-year contracts, which would reportedly make it easier to build new infrastructure by ensuring revenue and discouraging speculative requests to connect to the grid by data center developers. This move is a response to the growing electricity demand from data centers, as power grids struggle to keep up with the increasing energy requirements of the tech industry.
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