Trump Pushes for Emergency Power Auction to Support AI Boom (3)

The Trump administration is pushing a sweeping plan to compel technology companies to effectively fund construction of new power plants in an ambitious bid to speed the country’s AI build-out and tame surging consumer utility bills.

US Energy Secretary Chris Wright and Interior Secretary Doug Burgum joined 13 governors Friday in outlining a non-binding plan urging the nation’s biggest grid operator, PJM Interconnection LLC, to hold an emergency auction for tech companies to bid for long-term electricity contracts. The governors represent every state served by the grid operator — including Pennsylvania Democrat Josh Shapiro, who’s threatened to pull ...