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US power prices jump 76% as data centers strain largest grid
US power prices on the PJM grid rose 76% year-on-year to $136.53/MWh in Q1 2025, driven by surging electricity demand from data centres.
John Ainger / Bloomberg: Power prices on the largest electric grid in the US, operated by PJM, jumped 76% YoY to an average of $136.53/MWh in Q1 due to rampant demand from data centers — Power prices on the largest electric grid in the US jumped 76% in the first quarter due to rampant demand from data centers …
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