It will take several years to reduce the process to within 60 days! The Trump administration is pushing regulatory agencies to accelerate approval for powering artificial intelligence facilities.

On Friday, U.S. Energy Corp. Secretary Chris Wright submitted a proposed rule draft to the Federal Energy Regulatory Commission (FERC), showing that the Trump administration has urged the commission to expedite approval for data center grid access. The draft proposes limiting the approval process to 60 days, while the current process could take several years, marking a significant change. The share of business for independent power producers selling electricity to data centers is continuously increasing, leading to rising stock prices for companies such as Talen Energy (TLN.US) up 6.25%, Constellation Energy (CEG.US) up 6.4%, Vistra Energy (VST.US) up 5.3%, and NRG Energy (NRG.US) up 4%. Stock prices for nuclear power companies benefiting from the artificial intelligence boom have also risen, including Oklo (OKLO.US) up 9.1%, Centrus Energy (LEU.US) up 7.8%, Nuscale Power (SMR.US) up 0.45%, and NANO Nuclear Energy (NNE.US) up 4.35%. According to the proposed rule, data centers that meet the following conditions can receive expedited approval: 1. The project includes the construction of a new power plant; 2. Agreement to reduce electricity usage during peak periods of high electricity demand, such as heatwaves, and when the regional grid is under pressure. Additionally, if a data center is located near an existing power plant, a study must be conducted to confirm if the additional power capacity is needed to maintain grid reliability. Wright stated that his plan aligns with President Trump's goals, including "reviving domestic manufacturing, driving American AI innovation" (both of which require unprecedented amounts of electricity supply), and large-scale investments in the U.S. power grid.