{"id":13151,"date":"2026-01-17T07:19:03","date_gmt":"2026-01-17T07:19:03","guid":{"rendered":"https:\/\/microvibenews.com\/?p=13151"},"modified":"2026-01-17T07:19:03","modified_gmt":"2026-01-17T07:19:03","slug":"trump-says-hell-make-tech-firms-pay-for-power-theyd-love-to","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=13151","title":{"rendered":"Trump says he’ll make tech firms pay for power. They’d love to"},"content":{"rendered":"

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US President Donald Trump is calling for an emergency wholesale electricity auction that, his administration says, will force technology companies to pay for the new power they need to run massive AI data centers under construction across the country.<\/p>\n

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The truth is Amazon.com Inc., Microsoft Corp., Alphabet Inc., Meta Platforms Inc., OpenAI and all the other major tech firms behind the AI data center boom are more than happy to shell out for more electricity generation. And they have been. \u00a0<\/p>\n

\u201cThey have no shortage of money,\u201d said Bloomberg Intelligence analyst Anurag Rana of the tech giants powering the global artificial intelligence race. \u201cThey really don\u2019t have a problem with funding this thing.\u201d Amazon, Microsoft, Alphabet and Meta collectively spend hundreds of billions of dollars on capital investments\u00a0annually, far exceeding the budgets of the entire utility segment.<\/p>\n

Data center developers have in fact already said they\u2019d like to buy electricity off the nation\u2019s power grids as opposed to signing contracts directly with power generators. That\u2019s because grid rates can be cheaper, grids are equipped with backup resources and such systems can help stabilize supplies during extreme weather events. Hyperscalers have also been signing contracts to help bring back nuclear or build new nuclear.<\/p>\n

Either way, the reality is tech companies have been trying to secure power from every source they can find \u2014 both on and off the grids \u2014 with data center power demand set to triple by 2035.\u00a0<\/p>\n

Read More:\u00a0AI Data Center Energy Needs Are Straining Global Power Systems<\/p>\n

\u201cWe agree data centers should pay their own way,\u201d a Google spokesperson told Bloomberg. \u201cFor us, it is table stakes. When built responsibly, data centers can provide long-term, reliable demand that stimulates new investments in energy production and transmission in a way that helps all consumers.\u201d<\/p>\n

In calling for an auction, Trump may be solving a public relations problem for tech companies, according to analysts. The industry and their power suppliers have drawn criticism over\u00a0rising electricity bills\u00a0and the potential environmental impacts of new plants. An auction like the one Trump\u2019s proposing would allow them to circumvent the political headwinds facing individual projects.\u00a0<\/p>\n

\u201cThis could be a more expeditious way to simply address the issue, as opposed to dealing with all this resistance and problems that are associated with it,\u201d said Paul Patterson, a utility analyst at Glenrock Associates LLC.\u00a0<\/p>\n

Under Trump\u2019s plan, grid operator PJM Interconnection LLC will hold an auction for tech companies to bid on 15-year contracts for new electricity generation capacity. Such contracts are exactly what data center developers are after, offering \u201cmore stability, more certainty and more predictability about what the price is going to be,\u201d Patterson said.\u00a0<\/p>\n<\/div>\n

#Trump #hell #tech #firms #pay #power #Theyd #love<\/p>\n","protected":false},"excerpt":{"rendered":"

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