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Stock impact report

Trump Administration Moves to Accelerate AI Power Hookups [Yahoo! Finance Canada]

Talen Energy Corporation (TLN) 
Most Read from Bloomberg Faster approvals would help President Donald Trump deliver on his artificial-intelligence ambitions and scale up an industry he sees as vital to competing with China. It also would be a boon for so-called hyperscalers keen to build new energy-hungry data centers that are increasingly confronted with concerns about how their massive appetites for electricity will impact utility bills for neighboring residential neighborhoods. “To usher in a new era of American prosperity, we must ensure all Americans and domestic industries have access to affordable, reliable and secure electricity,” Wright wrote in a letter to FERC members. “To do this, large loads, including AI data centers, served by public utilities must be able to connect to the transmission system in a timely, orderly and non-discriminatory manner.” This type of rule change has been eagerly anticipated by tech and power executives in the aftermath of the FERC's rejection of a request by Talen Energ Show less Read more
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