Meta files an application for authorization “to sell energy, capacity, and certain ancillary services” in the US amid rising energy demand for Al datacenters
I didn’t read the whole article because it’s paywalled. But from what I understand Meta will buy up huge amounts of power and then sell some of it back to utilities. I assume the power they sell will be power they don’t need at that moment. And that they don’t expect to lose money selling their surplus. This doesn’t bode well for ratepayers.
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I didn’t read the whole article because it’s paywalled. But from what I understand Meta will buy up huge amounts of power and then sell some of it back to utilities. I assume the power they sell will be power they don’t need at that moment. And that they don’t expect to lose money selling their surplus. This doesn’t bode well for ratepayers.