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The Kobeissi Letter
The Kobeissi Letter|1月 16, 2026 00:42
BREAKING: Tomorrow, in an unprecedented move, President Trump is expected to announce an "emergency power auction" that would force technology giants to pay for new power plants. The initiative is expected to construct $15 BILLION worth of new power plants. PJM, the nation's largest grid operator, will be leading the initiative with Trump. As we have stated before, this year will be largely about affordability ahead of the midterm elections. The ongoing electricity crisis we are facing due to AI demand will only get worse without intervention. Most recently, the average US retail price for electricity gained +7.4% in September, to a record 18.07 cents/kWh. This week, Trump said, “I never want Americans to pay higher electricity bills because of data centers." Electricity is the next hot topic.(The Kobeissi Letter)
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