Yahoo Finance·2025-11-25 00:30Core Insights - America's hyperscalers, including Meta, Microsoft, and Apple, are entering the power trading market to secure electricity for their data centers [1] - Meta aims to incentivize long-term commitments in power-generating capacity through power trading, addressing the cautious investment behavior of power plant developers [2][3] - U.S. power utilities are investing record amounts into transmission and grid connections, but face significant uncertainty regarding future AI-driven power demand [4][5] Industry Developments - The U.S. market is experiencing a peak uncertainty moment, with varying forecasts of AI-driven power demand leading to challenges for utilities [4] - Utilities risk overbuilding capacity if they overestimate future demand, which could lead to increased electricity prices for consumers [6] - The stagnation of power demand in the U.S. ended two years ago as hyperscalers began developing AI solutions and constructing large data centers [6] Financial Projections - The five largest hyperscalers in America are projected to increase their data center spending by 50% to over $300 billion by 2025 [7] - U.S. utilities have committed to adding 116 gigawatts (GW) of large load to their networks, representing approximately 15% of U.S. peak electricity demand in 2024 [7]