US EditionWhite House and governors pressure grid operator to boost power supply, slow electricity price hikes
The White House and 13 governors urge PJM Interconnection to hold an emergency auction for tech firms to fund new power plants amid rising electricity costs and blackout risks.
- On Friday, PJM Interconnection issued its own plan after months of work, calling for emergency power cuts to large users and suggesting utilities remove data centers from the grid.
- The White House and 13 governors urged a one-time auction for tech companies to bid on 15-year contracts and pushed PJM Interconnection to extend a capacity price cap to contain consumer costs.
- Data show the PJM region has seen prices affected by rising demand from data centers, and consumers already pay billions to underwrite supplies, with the existing cap covering payments through mid-2028.
- The Edison Electric Institute said it supports tech companies bidding to build new power plants, the Information Technology Industry Council welcomed the announcement to `craft solutions`, and PJM Interconnection said it will review the governors' principles amid FERC pressure.
- Administration officials said powering AI is vital to compete with China, while analysts warned that permitting and transmission delays in mid-Atlantic PJM states increase blackout risks.
122 Articles
122 Articles
8 Democratic Governors Urge Big Tech To Pay Their Fair Share - CleanTechnica
Today, Democratic governors from Pennsylvania, Delaware, Illinois, Michigan, New Jersey, Kentucky, North Carolina, and Maryland signed onto a deal to ensure PJM takes measures that ensure Big Tech is paying their fair share for their massive power usage. The nation’s largest grid operator, PJM, has been in the process of creating ... [continued] The post 8 Democratic Governors Urge Big Tech To Pay Their Fair Share appeared first on CleanTechnica.
Trump pushes emergency power auction to make Big Tech pay for soaring energy costs
The Trump administration is pressing the nation’s largest electric grid operator to conduct an emergency power auction as part of a broader effort to make tech giants cover soaring data center power costs.The White House has urged PJM Interconnection — which supplies electricity to roughly 67 million customers across 13 states and Washington, D.C. — to conduct the auction to help curb rising power prices and reduce blackout risks in the Mid-Atla…
White House Seeking Emergency Power Auction for Nation’s Largest Electric Grid - The Thinking Conservative News
Trump officials and bipartisan Mid-Atlantic governors urged an emergency power auction and pressed the nation’s largest grid operator to cut prices. The post White House Seeking Emergency Power Auction for Nation’s Largest Electric Grid appeared first on The Thinking Conservative News.
White House Seeking Emergency Power Auction for Nation’s Largest Electric Grid
President Donald Trump’s administration and a bipartisan, mid-Atlantic group of governors teamed up on Jan. 16, calling for an emergency power auction and for the nation’s largest grid operator to lower its prices. In the power auction, companies would bid on 15-year contracts for new electricity generation capacity, creating new power plants to meet AI-driven energy demands. The officials are urging PJM Interconnection, which handles electricit…
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