- Data center demand is causing retail rates to rise and drawing power from aging coal plants across multiple states.
- Data center expansion in the region is driving up power needs and causing price surges in the largest U.S. power market.
- Energy-hungry data centers are straining the PJM grid, causing capacity prices to soar, leading PJM to develop a procurement strategy for shortfalls.
Bank of America analyzed the impact of PJM capacity charges, projecting increased reliance on gas and storage due to consumer-oriented utility commission policies.
1 report, 1 independent
Updated Jul 23
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What happened
Bank of America analyzed the impact of PJM capacity charges, projecting increased reliance on gas and storage due to consumer-oriented utility commission policies.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Energy-hungry data centers are straining the PJM grid, causing capacity prices to soar, leading PJM to develop a procurement strategy for shortfalls.Also in this story
- Major tech companies pledged to protect consumers from price hikes related to data center operations within the PJM footprint in the District of Columbia.
- Emergency orders invoke Section 202(c) of the Federal Power Act as rapidly increasing load from data centers strains the PJM grid.
The entities involved
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PJM Interconnection
US regional transmission organization
Related events
- PJM determined electricity pricing across Maryland, and Katie Fry Hester spoke at a Federal Energy Regulatory Commission conference.
- The Pennsylvania Public Utility Commission is regulating utility development and examining reliability across the PJM footprint.
- The PJM region is experiencing a tightening of the power supply-demand balance.
- OMA raised concerns regarding energy demand forecasts as regulators contend with the booming data center market in Ohio.
- Regulators warn about power grid strain and PJM reports on emergency steps in Pennsylvania.