The U.S. power industry is embarking on an AI-driven expansion of the electric grid, a build-out that promises to be one of the most expensive since World War II.
Some of the costs are set to be shared between power-gobbling AI companies and consumers already bridling at utility bills.
President Trump has sought to minimize the extent to which consumers will be forced to pay for new data centers that power the artificial-intelligence boom, but utilities and regulators warn that those measures won’t fully shield consumers from costs associated with long-needed upgrades to the system for transmitting power across the U.S.
The tax payer obviously. Any power compnay will just add on extra fess, or demand the government subsidize it all. It always comes back to the tax payer.
gulfpapa99 on
Electricity companies need to reinvest their profits, less corporate greed.
LoneSnark on
Usually ratepayers.
Ornery-Ticket834 on
It’s easy to say who won’t.
vasjpan002 on
When utilities divested deregulated generation in 1990s, PSC/SEC made them return the money to elderly stockholders rather than infrastructure. Being a safe, regulated investment, their yields and dividends are regulated. In this light the state power authorities need to offer bonds to fix this. Utilities, like banks and rails, affect economy because interconnected – failure cascades. Trump says he wants to invest in infrastructure, well maybe the usa sovereign wealth fund needs to hold part or utilities, rails & al. I believe fed reserve should give regulation to OCC and take fx, oil reserve, sovereign wealth,infrastructure.
Dull_Ad5440 on
Who will pay? Ultimately, the consumer.
Splenda on
Taxpayers and ratepayers, as usual. Billionaires and their data centers get freebies.
8 Comments
The U.S. power industry is embarking on an AI-driven expansion of the electric grid, a build-out that promises to be one of the most expensive since World War II.
Some of the costs are set to be shared between power-gobbling AI companies and consumers already bridling at utility bills.
President Trump has sought to minimize the extent to which consumers will be forced to pay for new data centers that power the artificial-intelligence boom, but utilities and regulators warn that those measures won’t fully shield consumers from costs associated with long-needed upgrades to the system for transmitting power across the U.S.
Read more: [https://www.wsj.com/business/energy-oil/the-electric-grid-needs-huge-upgrades-no-one-knows-who-will-pay-for-them-2d9e2c11?st=C4ipCW&mod=wsjreddit](https://www.wsj.com/business/energy-oil/the-electric-grid-needs-huge-upgrades-no-one-knows-who-will-pay-for-them-2d9e2c11?st=C4ipCW&mod=wsjreddit)
The tax payer obviously. Any power compnay will just add on extra fess, or demand the government subsidize it all. It always comes back to the tax payer.
Electricity companies need to reinvest their profits, less corporate greed.
Usually ratepayers.
It’s easy to say who won’t.
When utilities divested deregulated generation in 1990s, PSC/SEC made them return the money to elderly stockholders rather than infrastructure. Being a safe, regulated investment, their yields and dividends are regulated. In this light the state power authorities need to offer bonds to fix this. Utilities, like banks and rails, affect economy because interconnected – failure cascades. Trump says he wants to invest in infrastructure, well maybe the usa sovereign wealth fund needs to hold part or utilities, rails & al. I believe fed reserve should give regulation to OCC and take fx, oil reserve, sovereign wealth,infrastructure.
Who will pay? Ultimately, the consumer.
Taxpayers and ratepayers, as usual. Billionaires and their data centers get freebies.