Energy market watchers see Ohio electric bills rising as data center demand continues

Energy market watchers see Ohio electric bills rising as data center demand continues

Transmission towers that carry high-voltage electricity. (Photo by Bill Pugliano/Getty Images)The 13-state electric grid operator that serves Ohio is holding its second capacity auction of the year — setting a baseline electricity cost that will get baked into consumers’ bills in June 2027. It’s the last such auction happening with a court-ordered cap on prices, and market watchers are warning next May’s auction could be dramatically higher. PJM…

Energy market watchers see Ohio electric bills rising as data center demand continues – BG Independent News

BY NICK EVANS Ohio Capital Journal The 13-state electric grid operator that serves Ohio is holding its second capacity auction of the year — setting a baseline electricity cost that will get baked into consumers’ bills in June 2027. It’s the last such auction happening with a court-ordered cap on prices, and market watchers are warning next May’s auction could be dramatically higher. PJM uses the capacity auction to ensure reliability. Power pla…