2 news · updated Jul 15, 2026

US Power Prices Surge

2026-07-14

US PJM Power Grid Auction Prices Expected to Stabilize Near Record Highs

PJM Interconnection expects capacity auction prices to stabilize near record highs after imposing a temporary $325 per megawatt-day cap, driven by surging data center demand and retiring fossil fuel p

reuters · 2026-07-14 06:16 UTC

2026-05-14

Data Centers Drive 76% Surge in US Power Bills on Largest Grid

Wholesale power prices on the US's largest grid surged 76% in Q1 due to soaring demand from AI data centers. PJM Interconnection faces criticism as costs rise to $136.53 per megawatt-hour, impacting 6

bloomberg · 2026-05-14 10:57 UTC

US Power Prices Surge

US PJM Power Grid Auction Prices Expected to Stabilize Near Record Highs

Data Centers Drive 76% Surge in US Power Bills on Largest Grid

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