31 articles
PJM Interconnection plans a March auction to secure $20 billion in new generating capacity for data centers after FERC revised cost allocation rules. The proposal impacts natural gas producers and spr
US power grids face strain as extreme heat coincides with planned maintenance outages, prompting PJM Interconnection to declare a low-level emergency while data center demand and aging infrastructure
FERC ordered PJM Interconnection to revise its electricity procurement plan, requiring data centers to cover grid costs amidst a 6,800 MW supply shortfall in the Mid-Atlantic region.
FERC accepted PJM Interconnection's power supply plan but suspended it for five months to address cost allocation concerns amid surging AI-driven data center demand. Regulators insist existing custome
The PJM Interconnection grid faced record energy emergencies due to slower adoption of battery and solar storage compared to Texas and California, leading to higher power prices and strained capacity
PJM Interconnection activated demand response programs urging large consumers to cut usage amid heat-driven strain and outages. The DOE temporarily waived environmental rules to permit backup generato
PJM Interconnection filed a proposal with FERC to procure additional power generation to address a 6.8 gigawatt shortfall caused by surging data center demand and prevent potential grid blackouts.
PJM Interconnection proposes backstop power procurement to manage data center-driven demand surges, citing record-high prices and projected capacity shortfalls.
PJM Interconnection plans an emergency power auction in September to address a 7-gigawatt shortage driven by AI data center demand. Costs will be allocated to tech companies under a new reliability pr
FERC Chairman Laura Swett declared a 'grave legitimacy crisis' for PJM Interconnection, urging reforms amid White House frustration over grid governance. The regulator emphasized the need for stakehol
The Trump administration considers breaking up PJM Interconnection, the US's largest power grid operator, due to electricity supply concerns amid rising data center demand. Regulators and stakeholders
PJM Interconnection failed to meet 2028 power supply targets due to surging data center demand, causing record auction costs and triggering federal regulatory reviews on grid governance.
PJM Interconnection's capacity auction reveals critical electricity supply tightness driven by data center and AI demand, impacting industrial customers and triggering regulatory reform discussions.
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
PJM Interconnection reported emergency conservation measures prevented electricity demand from exceeding its 2006 record during a severe US heat wave. Surging usage from data centers and air condition
PJM Interconnection anticipates record power consumption driven by extreme heat and data center expansion, resulting in a 68% year-over-year increase in wholesale costs to $40 billion amid warnings of
The U.S. Department of Energy declared an emergency for the PJM Interconnection grid due to extreme heat and soaring demand, citing risks of supply shortfalls with peak loads projected near 163,000 MW
The U.S. Energy Department declared a power emergency for the PJM Interconnection grid ahead of a record heat wave. The order authorizes power plants to exceed environmental limits to meet surging dem
PJM Interconnection members will vote on protocols to manage surging data center electricity demand, which has driven capacity prices up over 1,000% since 2024 and threatens grid reliability for 65 mi
PJM Interconnection introduced a new capacity advisory to warn of electricity shortages driven by surging AI data center demand, prompting power plants to reschedule maintenance.
Federal regulators are considering breaking up PJM Interconnection amid soaring electricity prices driven by AI data center demand. Wholesale power prices surged 76% in Q1, triggering political backla
PJM Interconnection proposed raising the minimum capitalization threshold for wholesale electricity market participants to $2 million to manage risk and account for inflation. Implementation begins Ap
PJM Interconnection paid nearly $1 billion in uplift credits to cover power plant losses during a winter cold snap that spiked natural gas prices. Analysts warn this signals grid instability due to su
Late-spring heat strains the US power grid, prompting PJM Interconnection to revoke maintenance permissions and keep generators online. Aging infrastructure and surging demand risk market volatility a
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
FERC Chair Laura Swett warns PJM Interconnection may be too large to function amid surging AI-driven electricity demand, calling for urgent reform and scheduling a July 23 conference to address grid s
Maryland Governor Wes Moore advocates for PJM Interconnection reforms to address soaring power bills and data center demand, proposing long-term contracts and infrastructure cost allocation amidst a 1
PJM Interconnection CEO David Mills calls for US grid redesign to handle AI-driven electricity demand surges. He highlights looming shortages and bill spikes, urging policy adjustments to balance inve
PJM Interconnection is evaluating market reforms to address electricity shortages driven by surging data center demand. Proposed changes aim to stabilize capacity prices and encourage long-term power
PJM Interconnection has appointed David Mills as its new president and CEO, effective Friday. The grid operator manages electricity across 13 states and faces rising demand from data centers amid pote
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