Data center demand drives 46% jump in PJM wholesale power costs in 2026

The PJM Interconnection's wholesale power costs surged to $56.7 billion through early 2026, with data center loads accounting for 9% of the increase amid broader energy and capacity price pressures.

First covered Aug 27, 2026 · 6:02 AM PT · 1 article · no longer in the live window

Coverage

30d Utility Dive Data center load made up 9% of PJM wholesale costs so far in 2026: market monitor — Overall wholesale power costs in the PJM Interconnection jumped 46% to $56.7 billion so far this year, driven by rising energy and capacity costs, per the grid…

More coverage from around the web

theregister.com Datacenters slurping juice help drive 75% jump in PJM power prices

mychesco.com PJM Power Costs Jump 50% as Data Centers Drive Capacity Surge - MyChesCo

industrialinfo.com Report: Data Centers Create About US$6.3 Billion in Electric Costs for PJM Customers

eenews.net Data centers drive 76% surge in PJM power prices - E&E News by POLITICO

ieefa.org Projected data center growth spurs PJM capacity prices by factor of 10 | IEEFA

Appeared in: 2026-08-27 (#3) · 2026-08-28 (#6)

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