Jan. 17 at 11:12 AM
A few days ago, senators sent letters to
$GOOGL,
$MSFT,
$AMZN,
$META, ,and others asking:
How much do data centers contribute to energy issues? ⚡
$MSFT’s president responded with the “First, Community” initiative: don’t give discounts, charge full cost — just make sure the burden on the public is minimized.
If this helps, tap @QuantitativeTrading_
Implication: companies like
$CEG could end up striking deals with these tech giants at much higher prices.
Setting a floor price can distort the free market. Energy companies see demand, borrow, and invest.
Eventually, the system finds its own balance — artificial price floors just disrupt that process.
