Topic: long-term contracts
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Trump, Governors Push Tech Giants to Fund Power Plants
A bipartisan coalition of governors and the Trump administration are urging the PJM Interconnection grid operator to launch a special auction, offering 15-year contracts to encourage investment in new power plants to meet surging demand from AI and data centers. The proposal centers on making dat...
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AI's Memory Crisis: A Decade of Soaring Storage Prices
A severe shortage of NAND flash and DRAM is driving up prices for components like SSDs and memory modules, primarily due to the high demands of AI data centers consuming a large share of global production capacity. After a period of low prices in 2023, 2024 saw a rapid market reversal with synchr...
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