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Data center boom fuels PJM power cost increases as states move to shield ratepayers – DCD

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Summary

Rising energy costs in the PJM Interconnection grid are driven by the growth of data centers, leading to projected increases in residential bills across 13 states. The latest capacity auction revealed a 22% rise in wholesale electric capacity, with data centers significantly contributing to demand. States are introducing measures to protect ratepayers, including requiring data centers to cover a substantial portion of their energy costs and establishing separate rate classes for high-load facilities.

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