Why everyone’s an energy company now
AI disclosure
Summary
Electricity demand from AI data centers is pushing everyone — including automakers like GM and Ford — into the energy storage business.
Discussion on
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AI data centers are doubling electricity demand.
— Elizabeth Warren (@ewarren) June 9, 2026
Private equity executives see a cash grab.
They're buying up utility companies to cash in on the energy surge and pass costs to consumers while making services worse.
I’m fighting back.
AI data centers are not doubling electricity demand.
— Taxpayers Protection Alliance (@Protectaxpayers) June 9, 2026
Despite the alarmism, data centers make up a relatively small share of total electricity consumption, and research has found no significant link between data center growth and higher electricity prices. https://t.co/sztjNX7j9u