Record High Electricity Prices Spark Concerns Over Rising Bills Amid Data Center Demand
23.07.2025, 02:00
In the latest PJM capacity auction, a staggering 134,311 MW of generation resources were procured at the price cap of $329/MW-day, reflecting a 22% increase in electricity costs. This auction has raised alarms among consumers, particularly in states like New Jersey and Ohio, where bills may see...