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Data centers ‘primary reason’ for high PJM capacity prices: market monitor
Yahoo Finance· 2025-10-02 17:53
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Dive Brief: Data center load drove up revenue in the PJM Interconnection’s last capacity auction by $7.3 billion, or 82%, to $16.1 billion, according to the grid operator’s market monitor. Combined with PJM’s previous capacity auction, existing and forecast data center load resulted in $16.6 billion in capacity auction revenue, or about half of the $30.8 billion i ...