Trump’s desire for US energy dominance could mean higher prices at home.
Employees and community stakeholders at the Venture Global Plaquemines liquefied natural gas (LNG) export facility in Port Sulphur, Louisiana, US, on Thursday, March 6, 2025. Venture Global plans to expand its Plaquemines LNG facility south of New Orleans, bringing its total investment in current and planned US projects to more than $75 billion, according to an emailed statement. Photographer: Kathleen Flynn/Bloomberg
Fermi Inc. plunged as much as 46% on Friday after the power developer, co-founded by former Texas governor Rick Perry, said a tenant terminated a $150 million agreement tied to its proposed artificial intelligence campus in West Texas.
Fermi Inc. plunged as much as 46% on Friday after the power developer, co-founded by former Texas governor Rick Perry, said a tenant terminated a $150 million agreement tied to its proposed artificial intelligence campus in West Texas.
Fermi Inc. signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, Oct. 1, 2025. Fermi Inc. shares rose 55% in their debut after the energy real estate investment trust raised $682.5 million in its US listing, the latest sign of investors’ hunger for exposure to a boom in artificial intelligence.
Fermi Inc. plunged as much as 46% on Friday after the power developer, co-founded by former Texas governor Rick Perry, said a tenant terminated a $150 million agreement tied to its proposed artificial intelligence campus in West Texas.
Fermi Inc. plunged as much as 46% on Friday after the power developer, co-founded by former Texas governor Rick Perry, said a tenant terminated a $150 million agreement tied to its proposed artificial intelligence campus in West Texas.
Fermi Inc. signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, Oct. 1, 2025. Fermi Inc. shares rose 55% in their debut after the energy real estate investment trust raised $682.5 million in its US listing, the latest sign of investors’ hunger for exposure to a boom in artificial intelligence.
Companies that service power grids are surging, and analysts at JPMorgan and elsewhere see that trend continuing amid the AI boom and push for electrification.
Companies that service power grids are surging, and analysts at JPMorgan and elsewhere see that trend continuing amid the AI boom and push for electrification.
Wind turbines and electricity power lines in Zaragoza, Spain, on Tuesday, Feb. 25, 2025. Europe’s top renewable energy developer has focused the bulk of its investments on grid projects in the US, UK and other global markets — a business that has performed well.
The AI boom is having a ripple effect. We’ve seen interest in nuclear and geothermal energy spike. Now, you can add grid tech to the list.
A Silicon Valley Power substation in Santa Clara, California, US, on Monday, Nov. 3, 2025. Two of the world’s biggest data center developers have projects in Nvidia Corp.’s hometown that may sit empty for years because the local utility isn’t ready to supply electricity. Photographer: Jason Henry/Bloomberg
The US faces a potential electricity crisis this decade as a surge in demand to power data centers bumps into the cold reality of aged and vulnerable grids.
The US faces a potential electricity crisis this decade as a surge in demand to power data centers bumps into the cold reality of aged and vulnerable grids.
American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration.
American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration.
A home stands at dusk in Los Altos Hills, California, U.S., on Monday, Feb. 10, 2020. The richest communities in the U.S. continue to get richer. This year, in order to make the top 100, a neighborhood needed an average household income of $220,000 -- up from $209,000 last year.
The US faces a potential electricity crisis this decade as a surge in demand to power data centers bumps into the cold reality of aged and vulnerable grids.
The US faces a potential electricity crisis this decade as a surge in demand to power data centers bumps into the cold reality of aged and vulnerable grids.
Electricity demand is on course to explode, which could bring with it a surge in volatility.
Meta Platforms Inc. signage during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. Meta Platforms Inc., seeking to turn its smart glasses lineup into a must-have product, on Wednesday unveiled its first version with a built-in screen. Photographer: Bloomberg/Bloomberg
Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence ambitions.
Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence ambitions.
A Meta Platforms Inc. data center in Ashburn, Virginia.
Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence ambitions.
Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power plants that are vital to its artificial intelligence ambitions.
A Meta Platforms Inc. data center in Ashburn, Virginia.
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