Senate stalls bill to cap electricity hikes tied to data centers, voting continues

Share

The Ratepayer Protection Act, sponsored by Senator Jon Husted and aimed at capping electricity bill hikes associated with data centers, failed to secure the 60 votes needed to advance in the U.S. Senate. Despite passing overwhelmingly in the House of Representatives, the bill faced significant opposition from Senator Martin Heinrich. This outcome could reduce regulatory pressure on data centers and decrease the likelihood of a moratorium in Texas. Political divisions within the Senate continue to shape the broader legislative outlook on data center regulations, with potential consequences for utility markets and energy policies.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items