Ed Ludlow

The most power and natural gas reporter, Noreen Malik, has been very busy this weekend reporting all of this out.

What's the effect on prices?

Noreen, out here on the West Coast, we're used to a very similar story, but the opposite, right?

In the summertime, extreme heat, the grid being under pressure, and either the utility can or can't cope.

What is it like from a technology perspective or just operations perspective that the grid can actually do to manage and cope in scenarios like the extreme cold we've seen and weather on the East Coast?

basically all out, irrespective of emissions limits.

The DOE also told ERCOT, the Texas grid operator, that they can use backup generators at data centers and factories to supply the grid.

And last night, PJM had a call with members to tell them that, hey, we're putting in place measures to also do the same, to use data centers in lieu of blackouts if things got that bad.

Right now, they're expecting to have enough power.

Who bears the price?

Who bears the cost right now?

Ultimately, the consumers.

Everything is passed on to consumers.

Noreen Malik, Bloomberg, busy weekend for you across what is an astonishing visual story as well.

Thank you very much.

Coming up, Base 10 CEO Tuhin Srivastava and one of its backers, Conviction Seragwad, they join us as the startup more than doubles its valuation.

We have the details next.

Confirmation of that round.

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