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by gruez
232 days ago
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https://www.economist.com/content-assets/images/20251101_USC... >The Economist has adapted a model of state-level retail electricity prices from the Lawrence Berkeley National Laboratory to include data centres (see chart 2). We find no association between the increase in bills from 2019 to 2024 and data-centre additions. The state with the most new data centres, Virginia, saw bills rise by less than the model projected. The same went for Georgia. In fact, the model found that higher growth in electricity demand came alongside lower bills, reflecting the fact that a larger load lets a grid spread its fixed costs across more bill-payers. https://www.economist.com/united-states/2025/10/30/the-data-... |
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> 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 in revenue from the two auctions, Monitoring Analytics said in a report released Wednesday.
> “Data center load growth is the primary reason for recent and expected capacity market conditions, including total forecast load growth, the tight supply and demand balance, and high prices,” the market monitor said.
> “The current conditions are not the result of organic load growth,” it stated. “The current conditions in the capacity market are almost entirely the result of large load additions from data centers, both actual historical and forecast.”
https://en.wikipedia.org/wiki/PJM_Interconnection