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PJM Auction Procures 134,311 MW of Generation Resources; Supply Responds to Price Signal

PJM INTERCONNECTION REGION, JUL 21 – PJM expects 32 gigawatts of new electricity demand by 2030 driven by AI data centers, causing prices to rise over 20% this summer and straining grid reliability, officials said.

  • On July 22, 2025, in Valley Forge, Pennsylvania, PJM Interconnection secured 134,311 MW UCAP in its 2026/2027 Base Residual Auction to serve 67 million residents.
  • Surging AI and data center growth has strained PJM, increasing forecasted peak load by over 5,400 MW year-on-year.
  • Under the new price cap of $329.17/MW-day, PJM projects wholesale capacity costs will add 1.5–5% to some consumers’ retail bills.
  • Flexible office operators are seeing mounting operational costs for commercial landlords and coworking operators, and offices and remote workforces across 13 states could soon experience increased disruption.
  • Looking ahead, data center demand will add 32 GW by 2030, while many energy projects not expected online until after 2030.
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The Courier-TribuneThe Courier-Tribune
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PJM Auction Procures 134,311 MW of Generation Resources; Supply Responds to Price Signal

Modest Year-Over-Year Wholesale Cost Increases Expected in Most Areas, Some Areas See Decreases

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Daily Montanan broke the news in on Sunday, July 20, 2025.
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