All posts tagged: Talen Energy Corp

Trump may ‘force’ data centers to pay costs

Trump may ‘force’ data centers to pay costs

White House trade advisor Peter Navarro speaks to members of the media near the West Wing of the White House in Washington, D.C., U.S., August 21, 2025. Nathan Howard | Reuters President Donald Trump’s trade and manufacturing adviser, Peter Navarro, said on Sunday that the White House may force data center builders to absorb their costs as voters continue to sour on the economy and utility prices soar. “All of these data center builders, Meta on down, need to pay for all, all of the costs,” Navarro said on Fox News’ “Sunday Morning Futures.” “They need to pay, not only pay for the electricity that they’re using on the grid, but they have to pay for the resiliency that they’re affecting as well. They need to pay for the water. So there’s activity, action here going forward, where we force them to internalize the cost.” Navarro did not detail what the White House’s plan to force data center builders to internalize costs would look like. CNBC has reached out to the White House for clarification. When …