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Biden Wants Big Tech To Invest in Power Generation for AI Boom

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U.S. Energy Secretary Jennifer Granholm has revealed that President Joe Biden's administration has been talking to major technology companies to invest in climate-friendly electricity generation to meet their surging demand

U.S. Energy Secretary Jennifer Granholm has revealed that President Joe Biden's administration has been talking to major technology companies to invest in climate-friendly electricity generation to meet their surging demand.

And so a lot of that conversation is happening right now among tech companies and utilities, tech companies and nuclear companies,' Granholm has told Reuters in an interview. Last month, the U.S. Federal Energy Regulatory Commission FERC approved the first major electric transmission policy update in over a decade in a bid to speed up new interregional lines to help the grid cope with rocketing demand.

 

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