The power demands from data centers are sending wholesale electricity prices to a record. At the same time, utilities are passing along the costs of new transmission lines needed for the complexes. That’s adding billions to power bills at a time US consumers are already strained from higher prices of everything from food to housing – an issue that’s starting to have both economic and political reverberations. Bloomberg Power reporter, Josh Saul joined Bloomberg Open Interest to talk about the story. (Source: Bloomberg)
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AI Data Centers Push US Power Bills to Record Highs
