The company, which filed for bankruptcy protection in 2017, stands to benefit from growing support for nuclear power and President Trump’s deal with Saudi Arabia.
A power auction conducted by a giant grid operator is expected to add $6.3 billion in additional charges to consumers and businesses because of electricity needs of data centers.
As triple-digit temperatures engulf much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused.
The energy secretary has asked grid managers to require data centers to use backup power when electrical systems are under strain during the heat wave.
Tesla, Sunrun and Renew Home plan to tap solar panels, batteries, thermostats and other devices installed in millions of homes to meet the energy demands of artificial intelligence.
Installation of a Sunrun solar panel on a roof in California. Sunrun is working with Tesla and Renew Home to use home energy devices to help data centers get online faster.
A Dominion Energy power plant near Davis, W.Va. NextEra Energy’s political activities are expected to be scrutinized as it seeks approval of its purchase of Dominion.
NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.
NextEra Energy’s acquisition of Dominion Energy would consolidate utility operations along much of the East Coast, which could shape electricity service for tens of millions of customers.
Login
