The agreements are based on payment models in which the offtaker promises to pay a minimum and post security if its usage ...
Chicago’s biggest electricity company, Commonwealth Edison Co., is taking steps to prevent the data center boom backing the ...
ComEd is trying to keep the AI gold rush from frying Chicagoans’ power bills, and it says it has the contracts to prove it.
Commonwealth Edison says eight large power users have agreed to guarantee billions in electricity purchases, shifting risk ...
Together, the eight agreements will prevent existing ComEd customers from bearing responsibility for more than $2 billion in ...
Exelon (Nasdaq: EXC) today announced an additional $10 million contribution to its Customer Relief Fund, strengthening support for communities as cold weather drives up energy demand and costs remain ...
The Citizens Utility Board is sounding the alarm on data centers’ growing demand on the electrical grid, saying Illinois consumers can expect higher electric bills.
Energy-intensive data centers are the backbone for artificial intelligence. They spike demand from our power companies and ...