Trump Administration Wants Tech Companies to Buy $15B of Power Plants they May Not Use
Trump administration urges tech companies to pay for $15B in new power plants—even if they don’t need the electricity.
Matilda
Trump Administration Wants Tech Companies to Buy $15B of Power Plants they May Not Use
Tech Firms Pressed to Fund $15B Power Plants They May Never Use In a move that’s raising eyebrows across the energy and tech sectors, the Trump administration is pushing major technology companies to commit to $15 billion worth of new power generation—despite uncertainty over whether they’ll actually use the electricity. The proposal centers on PJM Interconnection, the largest U.S. grid operator, which serves 65 million people across 13 Mid-Atlantic and Midwest states, including northern Virginia’s booming data center corridor. With data center demand projected to triple by 2036, federal officials argue preemptive investment is essential. But critics question why private companies should foot the bill for infrastructure they might never tap. Credit: MengWen Guo / Getty Images Why Is the Government Targeting Tech Companies? The White House, alongside several state governors within PJM’s footprint, has issued a nonbinding “statement of principles” urging tech giants to participate in a capa…