President Donald Trump wants technology companies to “build, bring, or buy all of the energy needed for building and operating data centers, paying the full cost of their energy and infrastructure” to protect Americans from higher electricity prices.
His concern stems from projections that electricity demand from data centers could double or even triple by the end of the decade, while the grid is poorly positioned to absorb such rapid growth, as electricity projects often wait more than four years to connect to the grid.
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