AI & Enterprise
PJM wholesale power prices nearly double in a year, data centers blamed
Wholesale electricity prices on PJM Interconnection, the largest U.S. power grid, have nearly doubled over the past year, an independent monitor said in a report. TechCrunch reported the cause was data centers. The wholesale price per megawatt-hour rose to $136.53 from $77.78 a year earlier. Monitoring Analytics said data centers and PJM failed to respond properly to surging demand and warned price shocks could grow.
