Energy Secretary Wright Defends Data Centers: Microsoft, Google 'Want' To Pay To Fix Grid, 'Not The Cause' Of Rising Prices
U.S. Energy Secretary Chris Wright defended data centers, stating that companies like Microsoft and Google are not responsible for rising electricity prices. Instead, he argued they are willing to fund necessary grid upgrades. Wright criticized claims that AI demand is driving costs, attributing price hikes to previous policies that limited supply, particularly coal plant closures. He mentioned a new plan requiring tech firms to bid on contracts to finance new power plants, ensuring reliable energy without burdening consumers.
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