Power prices are up 76% on America’s biggest grid, and a watchdog is pointing fingers
•The largest electrical grid in the U.S., the PJM Interconnection, saw prices nearly double over the last year, according to a report published yesterday by an independent monitor.
•Wholesale prices for one megawatt-hour of electricity rose to $136.53, up from $77.78 at the same time last year.
•Crain’s Chicago Business was first to report on the spike.
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The largest electrical grid in the U.S., the PJM Interconnection, saw prices nearly double over the last year, according to a report published yesterday by an independent monitor. The culprit? Data centers. Wholesale prices for one megawatt-hour of electricity rose to $136.53, up from $77.78 at the same time last year. Crain’s Chicago Business was first to report on the spike. Monitoring Analytics, the independent market monitor that serves as a sort of watchdog for the PJM grid, pointed the finger at data centers and PJM’s failure to handle their surging demand adequately.المصدر: TechCrunch | Source: TechCrunch
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