The announcement is an attempt to hold off the growing anxiety over electricity bills, which are on the rise in part because of the AI-driven infrastructure buildout. The anxiety has quickly become a liability for industry and politicians alike.
Two days before Trump launched his updated pledge, I moderated a panel at the Aspen Ideas Climate summit in Chicago addressing issues of rising electricity costs and reliability issues on the grid. The most interesting exchange came over the needed scale of solutions.
In today’s political environment, Greenstone’s call for bold thinking can seem a bit out of touch. Congress can barely keep the government open. It’s hard to imagine the body taking on the extremely complex and politically fraught job of reforming the country’s power system. And yet there is a case for thinking bigger—or at the very least laying the groundwork for bigger thinking.
“I can tell you with absolute certainty that if a grid operator has to choose on the hottest day of summer, whether to send power to a data center to run AI 24/7 or to a residential household that needs air conditioning, it's going to that data center,” says Neil Chatterjee, a former FERC commissioner. “And that's where the pitchforks come out.”
With that in mind, a crisis could unlock much-touted but still elusive permitting reform that makes it easier to build energy infrastructure. It could make the case for a muscular FERC. And I’ve even heard the suggestion that the present moment creates an opportunity to revise the bedrock federal laws that have created challenges in this moment, including the Federal Power Act, the century-old law that governs interstate power transmission.
A true crisis may be coming soon. It’s unclear who is ready to use it.
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