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FXHedge
FXHedge|Jan 25, 2026 21:28
POWER PRICES SURGE AS WINTER STORM SPIKES DEMAND IN US DATA CENTER ALLEY (Reuters) - Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world's largest concentration of energy-hungry data centers surpassed forecasts during a deep freeze gripping half the country. Real-time wholesale electricity prices topped $1,800 per MWh early Sunday in Dominion Energy's Virginia territory, up from $200 per MWh on Saturday morning. Virginia houses the biggest cluster of data centers in the world, which are used to power things like artificial intelligence and have been responsible for rising power demand and prices in swaths of the country. Full article: https://www.msn.com/en-us/news/us/power-prices-surge-as-winter-storm-spikes-demand-in-us-data-center-alley/ar-AA1UWfdT?ocid=msedgntp&pc=HCTS&cvid=697674c655ad4257ae59fe2f51b5a502&ei=33(FXHedge)
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