Dossier
capacity auction
Coverage of capacity auction in the Nexus archive.
- The AI boom’s hidden electricity bill — and why you’re paying it
PJM Interconnection's 2028-29 capacity auction hit the maximum price cap of $325 per megawatt-day, driven by rising electricity demand from AI data centers. Moody’s Ratings highlighted that new power generation costs are being socialized across all ratepayers, not borne by AI-driven load customers, leading to higher bills for households and small businesses.
- PJM’s old way of getting power built isn’t working. Has it found a fix?
PJM Interconnection's current process for securing new energy is failing to meet rising electricity demand from data centers. The grid operator is considering adopting a new process to address this issue.