PJM Auction Comes Up 6.8 Gigawatts Short As Data Centers Devour Power
The results will show how much PJM must pay generators after prior auctions fell short and produced a record $16.4 billion cost, officials said.
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8 Articles
‘More bad news’ for people struggling with energy bills: AI data centers are driving costs even higher
The rapid growth of data centers across the country has already stressed power demand and driven up electricity bills. And those impacts are only worsening. Americans could see $6.3 billion added to their energy bills within the next three years, an increase primarily driven by data centers. PJM Interconnection, the largest power grid operator in the United States, revealed on Tuesday the results of its annual power auction—a way to secure elect…
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* ICYMI: AI bumps power cost 60% as Chicago’s grid fails to hit supply goal. Bloomberg… Power-hungry data centers have increased supply costs for the largest US electric grid by more than 60%, the system watchdog said. PJM Interconnection LLC, which serves 13 states stretching from the East Coast to Chicago, said Tuesday that its [...]
PJM Auction Comes Up 6.8 Gigawatts Short As Data Centers Devour Power
The largest US power grid failed for a third straight year to secure enough future supply commitments to ensure reliability for the future amid a historic boom in data center demand. PJM Interconnection, the largest US power grid (Regional Transmission Organization), which serves 67 million customers in 13 states and Washington, DC, said its auction to procure power for the year starting June 2028 fell 6.8 gigawatts short of what it will need to…
AI bumps power cost 60% as Chicago’s grid fails to hit supply goal – Crain/s/Bloomberg
PJM Interconnection LLC, which serves 13 states stretching from the East Coast to Chicago, said Tuesday that its auction to procure power for the year starting June 2028 tied a $16.4 billion record set in late 2025. “Such a shortage does not necessarily mean that the PJM system will be unable to serve load reliably in the delivery year,” the grid operator said in a statement. “It means that PJM would have to operate with slimmer reserves and a g…
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