Reported about 17 hours ago
The Federal Energy Regulatory Commission is set to debate the efficacy of multibillion-dollar power auctions in ensuring adequate electric supply, particularly amidst rising demand linked to artificial intelligence. With existing power plants struggling to meet this demand, the conference will explore potential alternatives to the current auction system, which has faced numerous challenges since its inception nearly two decades ago. Chairman Mark Christie emphasizes the urgency of stabilizing the power grid amid increasing stress from aging infrastructure and climate change.
Source: YAHOO