Trump administration pushes tech giants to fund $15B power plant expansion amid AI-driven grid crisis Surging demand from AI data centers (e.g., Virginia’s “Data Center Alley”) has overwhelmed PJM Interconnection’s aging power grid, forcing operators to “bring your own power” via on-site gas, coal or nuclear plants. PJM’s capacity auction hit $16.1 billion, with electricity prices spiking to 33 cents per kilowatt-hour—four times China’s rate—threatening U.S. competitiveness and consumer affordability. The Trump administration and bipartisan governors propose shifting costs to Big Tech via a $15 billion emergency auction for new power plants, bypassing state authority and sparking legal debates under the…
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