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Data centers are ‘primary reason’ for high PJM capacity prices: market monitor

Utility Dive · Ethan Howland · last updated

Load from data centers drove up revenue in the PJM Interconnection’s last capacity auction by $7.3 billion, or 82%, to $16.1 billion, said Monitoring Analytics. It said it is “misleading” to say market results simply reflect tightening supply and demand.