Power prices surge as winter storm spikes demand in U.S. data center alley
9 Articles
9 Articles
Power plant outages surge in Eastern US amid restricted gas supplies and frigid weather
Power plant outages surged along the eastern United States on Sunday as constricted natural gas supplies and frigid temperatures cut the electricity output of the region’s generation fleet.
Power prices surge as winter storm spikes demand in US data center alley - Regional Media News
By Tim McLaughlin BOSTON, Jan 25 (Reuters) - Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world's largest concentration of energy-hungry data centers surpassed forecasts during a deep freeze gripping half the country. Real-time wholesale electricity prices topped $1,800 per MWh early Sunday in Dominion Energy's Virginia territory, up from $200 per MWh on Saturday morning. Virginia houses the biggest…
Winter Storm Fern jolts U.S. power prices above $1,800 as PJM outages jump
BOSTON, Jan 26, 2026, 05:11 (EST) Power plant outages spiked across the eastern U.S. Sunday, sending wholesale electricity prices soaring. PJM Interconnection responded by directing certain customers to reduce consumption as Winter Storm Fern boosted demand and tightened fuel availability. (Reuters) Price swings matter here because they strike utilities just as demand from homes and businesses peaks. Grid operators face the coldest part of the w…
Power Prices Surge as Winter Storm Spikes Demand in US Data Center Alley - Energy News, Top Headlines, Commentaries, Features & Events
Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world’s largest concentration of energy-hungry data centers surpassed forecasts during a deep freeze gripping half the country. Real-time wholesale electricity prices topped $1,800 per MWh early Sunday in Dominion Energy’s Virginia territory, up from $200 per ...
The extremely cold weather in the eastern United States has led to increased demand for heating and a tightening of natural gas supplies, causing power plant shutdowns across the country. Even in Virginia, home to the world's largest data center cluster, electricity prices have risen ninefold.
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