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The Nexus
BUSINESSJul 4 · 10:00 UTCFINANCIAL TIMES WORLD

US clean power prices set to soar as AI demand coincides with subsidy cuts

US clean power prices are projected to increase significantly as rising AI demand overlaps with the end of Biden-era subsidies. Companies like Google and Meta, which rely on clean power purchase agreements, will face higher costs due to reduced federal support.

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