Meta Enters Wholesale Power Trading
2025-09-20
Meta Platforms Inc. is venturing into wholesale power trading to better manage its data centers' massive electricity needs. This move is a strategic response to rising energy costs and demand, aligning with Meta's clean energy goals. Data center power demand for AI is projected to quadruple in ten years, driving up prices and forcing some tech companies to reconsider their energy sources, even turning to natural gas. Meta's entry into the market allows it to buy and sell electricity, profiting from price spikes and optimizing energy management.
Tech
Power Trading