US Grid Growth Slows as AI Data-Center Frenzy Cools
TL;DR Summary
PJM Interconnection trimmed its 2027 summer peak-demand forecast to about 160 GW from roughly 164 GW, citing that some planned data-center projects lack firm electric-service commitments. Despite still-strong long-run growth (about 17% by 2030 driven by data centers) and a 2028 peak seen above the 2006 record of about 165 GW, the revision injects skepticism into AI-driven consumption projections and could influence capacity auctions and consumer electricity costs. Shares of major power producers fell on the news.
Topics:business#ai-data-centers#capacity-auctions#energy#energy-markets#peak-demand#pjm-interconnection
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- The Ohio public pays the price for Big Tech’s data centers Ohio Capital Journal
- America’s Biggest Power Grid Operator Has an AI Problem—Too Many Data Centers The Wall Street Journal
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