Data center expansion in the region is driving up power needs and causing price surges in the largest U.S. power market.
9 reports, 2 independent
Updated Jul 8
Gone quiet
- Reports
- 9
- Developments
- 3
- Repetition
- 78%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Data center expansion in the region is driving up power needs and causing price surges in the largest U.S. power market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Tech giants Amazon and Meta are increasing power needs in the PJM region, driving up costs.1 source
- Energy-hungry data centers are straining the PJM grid, causing capacity prices to soar, leading PJM to develop a procurement strategy for shortfalls.Sub-event
Amazon's expanding data centers are driving power price surges in the largest U.S. power market.1 source
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The entities involved
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Amazon Web Services
subsidiary of Amazon that provides on-demand cloud computing platforms on a metered pay-as-you-go basis
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PJM Interconnection
US regional transmission organization
Related events
- Talen Energy expanded its power deal and acquired gas plants in PJM markets to serve hyperscale data centers.
- Utility companies are restoring power and repairing storm damage across Michigan and Pennsylvania.
- PJM determined electricity pricing across Maryland, and Katie Fry Hester spoke at a Federal Energy Regulatory Commission conference.