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Wright Discusses Transmission Loan and Data Center Demand on Bloomberg

October 16, 2025 · U.S. Department of Energy · 0:08:35

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

Energy Secretary Chris Wright joined Bloomberg’s Jonathan Ferro on October 16, 2025, to discuss the administration’s energy strategy. Wright said, as he stated it, that the broader strategy is to use funds to better the American experience — lower costs for ratepayers and lower taxpayer expenditures — and that the administration is about energy for the American people rather than climate politics, including lowering energy costs and enabling AI and manufacturing to reshore.

Wright described a department loan, as he stated it, to reconductor 5,000 miles of transmission lines using existing rights-of-way and towers with better conductors, getting more power through the same corridors — the kind of project he said helps American people and businesses.

Asked about projections that data centers and commercial customers will use more electricity than households next year, Wright said, as he stated it, that the government is doing everything it can to enable growth in electricity production, and that AI ultimately will not make electricity scarcer and more expensive but more abundant, more reliable, and more affordable. Pressed on the administration’s approach to energy sources, he said he is not “all of the above,” as he put it, and that the department cares about affordable, reliable, and secure energy.

Why it matters

The appearance is part of the administration’s energy agenda — expanding supply, grid capacity, and permitting — and its claims about prices, projects, and markets are the record against which its energy promises will be measured.

Sources: U.S. Department of Energy, “Secretary Wright Joins Bloomberg’s Jonathan Ferro - October 16, 2025”, 2025-10-16 (official upload, embedded above; published 2025-10-16). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.