electrical grid

Power prices are up 76% on America’s biggest grid, and a watchdog is pointing fingers

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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 Monitoring Analytics, an independent market monitor that serves as a sort of watchdog for the PJM grid. The culprit? Data centers. Wholesale prices for one megawatt-hour of electricity rose to … Read more

Silicon Valley’s vacationland needs a new energy provider just as AI is driving prices up

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Silicon Valley’s vacationland needs a new energy provider just as AI is driving prices up

It’s no secret that AI data centers have been straining the grid. But Silicon Valley has been relatively insulated from it all, thanks to high land and power prices that have pushed hyperscaler projects elsewhere.  The tech elite might soon get a taste of the power crunch, though. The Bay Area’s vacationland, Lake Tahoe, has … Read more