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Donald Trump calls for emergency energy auction to make tech giants pay for AI power

 Donald Trump and a number of state governors are pushing the US’s
largest electrical grid operator to hold an emergency auction to make tech
giants foot the bill for AI power infrastructure.

The administration along
with governors of states including Pennsylvania, Ohio and Virginia have
urged PJM — which serves more than 67mn people in the US north-east and
Midwest — to hold a power auction in which big data centre operators bid
for 15-year contracts to build new power plants. Such contracts could
support the construction of about $15bn worth of new power plants, with
tech companies paying for them regardless of whether they use the resulting
electricity, a White House official confirmed.

 FT 16th Jan 2026
https://www.ft.com/content/9b3d179e-129c-4aa1-a5c0-1cc1703b0234

January 17, 2026 - Posted by Christina Macpherson | business and costs