Back to today’s briefing

Story perspectives

Meta Seeks Approval to Trade Electricity for Data Centers

11/23/2025

37 8 Full Breakdown

Summary

Story summary

Meta seeks federal approval to trade electricity for its data centers' energy needs.
The plan would enable long-term electricity purchases from new power plants.
It would also let Meta resell excess power on wholesale markets.
Urvi Parekh, Meta's head of global energy, says without Meta's involvement, power-supply expansion is slow.
Bloomberg reports that at least three new gas plants are needed for Meta's Louisiana data center campus.

1 of 1

Story summary

Meta seeks federal approval to trade electricity for its data centers' energy needs.
The plan would enable long-term electricity purchases from new power plants.
It would also let Meta resell excess power on wholesale markets.
Urvi Parekh, Meta's head of global energy, says without Meta's involvement, power-supply expansion is slow.
Bloomberg reports that at least three new gas plants are needed for Meta's Louisiana data center campus.