Trump plans to promote emergency electricity auctions to solve "power shortages", companies like Vistra (VST.US) and Constellation Energy (CEG.US) may benefit.

The White House administration is expected to issue an order on Friday proposing an emergency electricity auction plan, whereby technology companies will bid to fund the construction of new power plants. According to sources familiar with the matter, under this directive, the largest U.S. grid operator, PJM Interconnection, will be instructed to hold a special electricity auction where technology companies can bid for a 15-year power purchase agreement to support the construction of new power facilities. The PJM grid covers 13 states in the United States, and a recent surge in data center construction driven by the artificial intelligence boom has put continuous pressure on its grid capacity and raised the costs of recent electricity auctions. The White House has stated that its "National Energy Dominance Committee" and governors from multiple states such as Pennsylvania, Ohio, and Virginia are urging the grid operator to take emergency measures to boost energy supply and curb price spikes. White House spokesperson Taylor Rogers Corporation stated, "Ensuring that the American people have access to reliable, affordable electricity is one of President Trump's top priorities, and this action will provide much-needed long-term relief for the Atlantic China Welding Consumables, Inc. coastal central region." President Trump earlier this week took to social media to say, "I will not let Americans pay higher electricity bills because of data centers." He revealed that the government is collaborating with multiple U.S. technology companies, and that there will be major announcements in the coming weeks. Market analysts point out that if this policy is implemented, it will directly benefit electricity producers who have already profited from the growth in demand from the PJM grid, including publicly listed companies like Vistra (VST.US), Constellation Energy (CEG.US), and NRG Energy (NRG.US).