Get the latest tech news

Big Tech's soaring energy demands are making coal-fired power plant sites attractive


Coal-fired power plants, long a money-losing proposition in the U.S., are becoming more valuable now.

HARRISBURG, Pa. (AP) — Coal-fired power plants, long an increasingly money-losing proposition in the U.S., are becoming more valuable now that the suddenly strong demand for electricity to run Big Tech’s cloud computing and artificial intelligence applications has set off a full-on sprint to find new energy sources. President Donald Trump — who has pushed for U.S. “energy dominance” in the global market and suggested that coal can help meet surging power demand — is wielding his emergency authority to entice utilities to keep older coal-fired plants online and producing electricity. The Department of Energy, in a December report, said its strategy for meeting that demand includes re-using coal plants, which have been unable to compete with a flood of cheap natural gas while being burdened with tougher pollution regulations aimed at its comparatively heavy emissions of planet-warming greenhouse gases.

Get the Android app

Or read this on r/technology

Read more on:

Photo of big tech

big tech

Photo of coal

coal

Related news:

News photo

FTC sues Uber over difficulty of canceling subscriptions, “false” claims | It's the latest legal move against Big Tech by the Trump administration.

News photo

With ‘AI slop’ distorting our reality, the world is sleepwalking into disaster | A perverse information ecosystem is being mined by big tech for profit, fooling the unwary and sending algorithms crazy

News photo

Big Tech's "Magnificent Seven" heads into earnings season reeling from Trump turbulence