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18.07.26 - 00:12
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"Glaring Subsidization": Virginia Questions Cost Allocation For Data Centers (ZeroHedge)
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"Glaring Subsidization": Virginia Questions Cost Allocation For Data Centers
By Diana DiGangi of UtilityDive
Virginia Gov. Abigail Spanberger's office, Meta, Google, Amazon, Microsoft and others weighed in on Dominion Energy's proposal for allocating the cost of transmission projects driven by data center development at a hearing held by the Virginia State Corporation Commission on Tuesday.
Louise White, Spanberger's deputy energy officer, said that the governor's office wants the SCC to apply three solutions in the case: a “but for” cost causation standard; requiring transmission level-contributions in aid of construction, or CIAC, payments; and transitioning to the summer/winter peak and average cost allocation method.
Attorney and lobbyist Will Cleveland testified on behalf of Google that Dominion only recently completed its shift to a 12 coincident peak demands allocation factor, and its new GS-5 rate class for large loads hasn't yet gone into full effect, saying it's ?...
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17.07.26 - 21:45
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Meta Eyes $10 Billion Deal To Lease AI Computing Power To Anthropic (ZeroHedge)
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Meta Eyes $10 Billion Deal To Lease AI Computing Power To Anthropic
Meta is standing up a cloud business to sell excess computing capacity from its massive data-center buildout, as we detailed earlier this month. The new business line would put Meta in direct competition with industry leaders such as Amazon Web Services, Microsoft Azure, and Google Cloud.
Meta is in talks to rent computing power from its AI data centers to Anthropic in a deal that could be worth as much as USD 10bln over two years: NYT
Now "excess power"
— zerohedge (@zerohedge) July 17, 2026
The New York Times reported that Meta is considering selling excess computing capacity to Anthropic in a deal that could be worth up to $10 billion over the next two years.
Here's more color from NYT:
Meta is in talks to rent computing power from its artificial intelligence data centers to Anthropic in a deal that could be worth as much as $10 billion over two years, three people with knowledge of the discussions said, a pot...
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