Josh Shapiro 2.8 2 ideas

Shapiro outlines a principle where "If you're a big hyperscaler... you've got to be able to bring and pay for your own energy" via a "secondary auction." This shifts the cost burden of new generation explicitly onto Data Centers rather than spreading it across all ratepayers. While it ensures they get power (positive for growth), it likely increases their specific operating costs (negative for margins) compared to a subsidized model. Watch for the implementation of "secondary auctions" which could formalize higher energy costs for tech giants. If the secondary market fails to develop, data centers may face power shortages in the PJM region.