"We're telling the major tech companies that they have the obligation to provide for their own power needs. They can build their own power plants as part of their factory so that no one's prices will go up, and in many cases, prices of electricity will go down for the community, and very substantially down."
"They're going to produce their own electricity. It will ensure the companies' ability to get electricity, while at the same time lowering prices of electricity for you, and could be very substantial for all of you, cities and towns; you're going to see some good things happen over the next number of years."
"The current grid infrastructure in the U.S. is dated and can't handle the current and future electricity demands. The solution in the pledge lies in tech companies constructing new power plants to support the energy needs from their individual technologies."
President Trump introduced the Rate Payer Protection Pledge during the State of the Union address, requiring major technology companies to construct their own power plants to supply electricity for AI data centers. This initiative aims to prevent consumers from bearing increased electricity costs associated with artificial intelligence infrastructure expansion. Trump emphasized that the current U.S. grid infrastructure is outdated and cannot accommodate current and future energy demands. By having tech companies generate their own power, the pledge intends to lower electricity prices for communities while ensuring reliable energy supply for AI operations. The administration supports this approach as part of its broader strategy to maintain U.S. competitiveness in global AI development, with federal lands being designated for new data center construction under an AI executive order.
Read at Nextgov.com
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