AI Boom Keeps Key Power Costs at Record on Largest US Grid

The business and household peoples provided by the largest US network will pay $ 16.1 billion to ensure that it has sufficient electric supply to meet the rising power demand, including a large building in AI data centers.
According to the PJM ContenConction LLC, which operates the grill from Middle -West to the middle of the Atlantic, payments made to generators for the year from June 2026 reached $ 14.7 billion last year. This puts the capacity per day per Megawatt from $ 269.92 to $ 329.17.
Contellation Energy Corp. and Talen Energy Corp.’s shares increased late trade in New York on Tuesday.
Data centers for artificial intelligence have increased the biggest increase in electricity demand for decades for decades, leading to higher housing bills. This is an important reason for the auction of PJM – which was once monitored only by power traders and facility owners.
This is the first auction that includes both the price base and the cover, and sets the range from $ 177.24 to $ 329.17 at this auction. The 600% leap in last year’s capacity prices has led to a settlement to limit the earnings for two years with PJM’s Pennsylvania governor Josh Shapiro for two years and to make it more predictable after wild release in recent years.
Although the costs on the grid increased, the price limit has reduced costs for consumers who saw the biggest hikes at the last auction. Exelon Corp.’s Baltimore region has reached $ 466 for the last time, while Dominion Energy Inc.’s Virginia region has reached about $ 444.
Jon Gordon, the policy director of Advanced Energy United, a non -profitable clean energy advocacy, said that the payments made to generators remained at high levels due to the rapidly online demand of large data centers. New facilities consume as much power as towns or small cities and coincide with the closure and delay of the old power plants invested in new materials and grilled upgrades.
Barclays Analyst Nick Campenella is Bulisha for independent power manufacturers, including NRG Energy Inc., Talen Energy, Constellation Energy and Vistra, which exceeds the 2024 auction. These generators spent more than $ 34 billion this year to buy natural gas -fed power plants to feed the AI explosion, especially in PJM.
This article was created from an automatic news agency feeding without changing the text.

