Sub Banner Image

AI Infrastructure Will Make Electricity More Affordable, US Energy Secretary Says

Markets

·

October 16, 2025

·

Bloomberg

US Energy Secretary Christ Wright says the Trump administration is trying to reverse "a tidal wave" of energy costs, adding that AI infrastructure will eventually make electricity more abundant, more reliable, and ultimately more affordable. His comments come after the Trump administration finalized $1.6 billion in financing for an American Electric Power Co. subsidiary to upgrade 5,000 miles of utility transmission lines across five states. He speaks on Bloomberg Surveillance with Annmarie Hordern and Jonathan Ferro. (Source: Bloomberg)

More from

Bloomberg

More

Markets

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.