Story perspectives

Meta Seeks Approval to Enter Wholesale Energy Markets

9/20/2025

Summary

Story summary

Meta Platforms Inc. applied to the Federal Energy Regulatory Commission to sell electricity in wholesale markets via Atem Energy LLC.
This move addresses the company's growing electricity needs for data centers, fueled by increased AI power demand.
Meta plans to construct multi-gigawatt data centers, including Prometheus, launching in 2026, and Hyperion, scaling up to 5 gigawatts.
Other tech giants, like Microsoft and Google, are also engaging in power trading to manage rising electricity costs.
Meta seeks approval by November 16, 2025, to enter energy markets.

1 of 1

Story summary

Meta Platforms Inc. applied to the Federal Energy Regulatory Commission to sell electricity in wholesale markets via Atem Energy LLC.
This move addresses the company's growing electricity needs for data centers, fueled by increased AI power demand.
Meta plans to construct multi-gigawatt data centers, including Prometheus, launching in 2026, and Hyperion, scaling up to 5 gigawatts.
Other tech giants, like Microsoft and Google, are also engaging in power trading to manage rising electricity costs.
Meta seeks approval by November 16, 2025, to enter energy markets.