AI Boom and Market Dynamics Push US Electricity Costs to Record Highs
TL;DR Summary
The cost of electricity in the US's largest market has hit a record high due to increased demand from AI data centers and delays in new power plant construction, leading to higher energy prices for consumers, with PJM procuring energy supplies at a 22% increase from the previous year.
- AI demand drives up electricity supply costs in largest US market to record high Financial Times
- PJM Auction Procures 134,311 MW of Generation Resources; Supply Responds to Price Signal PJM Inside Lines
- AI Boom Leads to Record Costs on US Grid and Call for New Plants Yahoo Finance
- Large US Grid Lacks Capacity for Data Centers, Watchdog Says Bloomberg.com
- Talen Energy Reports PJM Auction Results for the 2026/2027 Planning Year | Tue, 07/22/2025 - 16:54 Talen Energy
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