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Stock impact report

The AI bubble may be showing up in an unexpected place: the shady forecasts of future electricity demand—and skyrocketing bills [Fortune]

PPL Corporation (PPL) 
Last ppl corporation earnings: 2/14 08:00 am Check Earnings Report
US:NYSE Investor Relations: pplweb.investorroom.com
Company Research Source: Fortune
But the challenges — some say the impossibility — of building new power plants to meet that demand so quickly has set off alarm bells for lawmakers, policymakers and regulators who wonder if those utility forecasts can be trusted. One burning question is whether the forecasts are based on data center projects that may never get built — eliciting concern that regular ratepayers could be stuck with the bill to build unnecessary power plants and grid infrastructure at a cost of billions of dollars. The scrutiny comes as analysts warn of the risk of an artificial intelligence investment bubble that's ballooned tech stock prices and could burst. Meanwhile, consumer advocates are finding that ratepayers in some areas — such as the mid-Atlantic electricity grid, which encompasses all or parts of 13 states stretching from New Jersey to Illinois, as well as Washington, D.C. — are already underwriting the cost to supply power to data centers, some of them built, some not. “There's spec Show less Read more
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