Hyperscalers Crash the Grid as Big Tech Becomes a Power Trader ...Middle East

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Hyperscalers Crash the Grid as Big Tech Becomes a Power Trader
source : OILPRICE ( Middle East ) () 52
America’s hyperscalers are looking to ensure the electricity for their huge data centers by entering the supply side of the market—power trading. Meta, Microsoft, and Apple, to name a few, have either requested or obtained authorizations from the Federal Energy Regulatory Commission (FERC) to sell wholesale power. Meta Platforms, for example, seeks to incentivize long-term commitments in power-generating capacity by expanding into power trading and having the flexibility to contract electricity from future power plants, according to…

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