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Trump pushes for emergency power auction to make Big Tech pay for soaring energy costs

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2 hours ago

The Trump administration is pressing the nation’s largest electric grid operator to conduct an emergency power auction as part of a broader effort to make tech giants cover soaring data center power costs.The White House has urged PJM Interconnection, which supplies electricity to roughly 67 million customers across 13 states and Washington, D.C., to conduct the auction to help curb rising power prices and reduce blackout risks in the Mid-Atlantic region, according to Reuters.The proposed auction would allow tech firms bid on 15-year power contracts from newly constructed plants, Bloomberg rep...

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