Power Prices Surge 76% on America's Biggest Grid, and a Watchdog Points Fingers The recent report by Monitoring Analytics highlighting a 76% increase in power prices on PJM Interconnection, America's largest grid, is a stark reminder of the nation's infrastructure inadequacies.
The data centers' insatiable appetite for electricity has exposed a fundamental mismatch between the existing power grid and the demands of an increasingly digital economy.
Wholesale prices for one megawatt hour of electricity have skyrocketed to $136. 53, nearly double what they were last year.