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by toomuchtodo 231 days ago
https://www.utilitydive.com/news/data-centers-pjm-capacity-a...

> 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

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Additional citation:

AI Isn't the Only Thing Pushing Up Electricity Bills. (But It's Mostly AI) - https://news.ycombinator.com/item?id=45856862 - November 2025