The facts
PJM Interconnection, the largest U.S. grid operator, serves roughly 65 million people across 13 states and D.C.
On July 3, 2026, PJM ordered emergency load curtailment as demand approached its all-time peak of 165,563 MW set in 2006.
PJM's 2024 capacity auction cleared at $269.92 per megawatt-day — more than 800% higher than the previous auction.
The U.S. Department of Energy projects data center electricity demand could nearly triple by 2028, reaching up to 12% of total U.S. power use.
The North American Electric Reliability Corporation warned in 2024 that more than half of North America faces elevated blackout risk over the next decade.
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