Search results for PJM
Industry
Google secures 20-year nuclear power supply, adds 890 MW to meet data centre demand
Google will secure an additional 890 megawatts of generation capacity from existing U.S. nuclear power plants to meet rising electricity demand from AI data centres. Google and Constellation Energy signed a 20-year power purchase agreement to supply 890 MW to the PJM grid by upgrading equipment at six nuclear plants across Illinois, Pennsylvania and New Jersey. Constellation plans to invest at least $4.3 billion, with initial supply in 2028.
Industry
Illinois data centre boom may yield 121,000 jobs but only 2,800 permanent
Planned investment of $57 billion in data centres in the U.S. state of Illinois over the next decade could generate more than 120,000 jobs, studies said. Most would be temporary or indirect roles tied to construction, supply chains and higher consumer spending. After facilities are completed, direct permanent employment is estimated at about 2,800. Analysts also cited potential property-tax revenue and possible rises in household electricity bills as demand increases.
Industry
AI drives U.S. power demand to record highs, outlook shows
U.S. electricity demand is expected to set consecutive records in 2026 and 2027, driven by expanding AI data centres, growing cryptocurrency infrastructure and electrification of heating and transport, according to an outlook cited by Cryptopolitan. The U.S. Energy Information Administration forecast demand rising from 419.5 billion kWh in 2025 to 435.6 billion kWh in 2027. It also expects higher wholesale power prices in 2026, with regional differences.
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Industry
Korean battery makers\' earnings outlook clouds as ESS demand rises beyond EV sales
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AI & Enterprise
PJM to limit power supply to data centres using 50 MW or more
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AI & Enterprise
U.S. data centres to use 20 percent of power generation by 2035, BNEF sees fourfold rise
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AI & Enterprise
U.S. cost debate grows over whether data centre boom will raise household electricity bills
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Crypto
Bitcoin miners face U.S. grid test as power demand rises, flexibility proof key by 2027
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Industry
Hanwha Power enters U.S. fuel gas compressor market for first time
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Industry
Tesla, Sunrun and Renew Home plan 16.8 GW virtual power plant for AI data centers
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AI & Enterprise
U.S. debates regulation as data center boom pressures power bills
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AI & Enterprise
Google invests in virtual power plant in biggest U.S. grid to secure data centre electricity
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Industry
Power grid delays put Yongin semiconductor cluster investment at risk
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AI & Enterprise
PJM wholesale power prices nearly double in a year, data centers blamed
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AI & Enterprise
PJM says fundamental changes needed within years as AI and cloud demand hits limits
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Finance
Woori Bank arranges $825 million refinancing for Ohio power plant
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AI & Enterprise
Market design, policy seen as main drivers of power price rises, not AI data centres
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Crypto
U.S. government seeks to make Big Tech share data center power costs