{"id":206836,"date":"2025-11-22T17:26:36","date_gmt":"2025-11-22T17:26:36","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/11\/22\/meta-wants-to-get-into-the-electricity-trading-business-techcrunch\/"},"modified":"2025-11-22T17:26:36","modified_gmt":"2025-11-22T17:26:36","slug":"meta-wants-to-get-into-the-electricity-trading-business-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/11\/22\/meta-wants-to-get-into-the-electricity-trading-business-techcrunch\/","title":{"rendered":"Meta wants to get into the electricity trading business | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity.<\/p>\n<p class=\"wp-block-paragraph\"><a rel=\"nofollow noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-21\/meta-enters-power-trading-to-support-ai-data-centers\" target=\"_blank\">Bloomberg reports<\/a> that both Meta and Microsoft are asking for federal approval to trade power (Apple has already received this approval). According to Meta, this will allow it to make long-term commitments to buy electricity from new plants, while mitigating the risk by having the ability to resell some of that power on wholesale power markets.<\/p>\n<p class=\"wp-block-paragraph\">Meta\u2019s head of global Urvi Parekh told Bloomberg that power plant developers \u201cwant to know that the consumers of power are willing to put skin in the game.\u201d<\/p>\n<p class=\"wp-block-paragraph\">\u201cWithout Meta taking a more active voice in the need to expand the amount of power that\u2019s on the system, it\u2019s not happening as quickly as we would like,\u201d Parekh said.<\/p>\n<p class=\"wp-block-paragraph\">As an example of <a href=\"https:\/\/techcrunch.com\/2025\/11\/16\/how-much-of-the-ai-data-center-boom-will-be-powered-by-renewable-energy\/\" target=\"_blank\" rel=\"noopener\">the unprecedented energy needs<\/a> underlying tech companies\u2019 ambitious AI data center plans, Bloomberg notes that at least three new gas-powered plants will need to be built to power Meta\u2019s Louisiana data center campus.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/11\/22\/meta-wants-to-get-into-the-electricity-trading-business\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both Meta and Microsoft are asking for federal approval to trade power (Apple has already received this approval). According to Meta, this will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":206837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-206836","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/206836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=206836"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/206836\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/206837"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=206836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=206836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=206836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}