Wholestory

← Infrastructure

The Grid and Who Pays for It

Who pays for the grid’s emergency fix is being rewritten. In September FERC suspended PJM’s backstop purchase of new supply because the cost would land on all customers. On October 22 PJM showed members a redesign that charges the zones where large loads are growing, in proportion to their share of that growth. It also drops the opt-out for municipal and co-op utilities. PJM said it would file it by October 29. The purchase would run next spring, with results in May 2027.

The same fight is spreading. On October 23 the Organization of MISO States, backed by 11 of MISO’s 15 state commissions, asked FERC to reject its 120-day fast lane for loads over 200 megawatts. Their reason: nothing stops the transmission costs moving onto existing customers. Google filed the same objection.

The rules themselves are hardening. California’s grid operator approved interruptible interim service for data centres awaiting upgrades on October 28. It will publish what each upgrade costs. NERC’s board adopted the first data-centre reliability standards on October 26, still with no ride-through number. Grid operators’ answers to FERC are due November 16. Virginia’s Dominion–NextEra merger goes to hearing on November 17.

New

5

The whole story4 chapters
The state of it — as of October 29, 2026
6,831 MW
by which PJM's last capacity auction fell short of its reliability requirement
42%
of PJM's forecast data-centre growth delayed or cancelled, by its market monitor's count
50 MW
the size at which PJM customers must now be reported as large loads

Today

New

California's Grid Operator Will Let Data Centres Connect Before the Wires Are Built — on Interruptible Terms

CAISO's board approved its answer to FERC's June large-load order on October 28. CAISO must file it by November 16. It defines a large load as 50 megawatts or more on the transmission system. Until upgrades are built, such a load can take an interim, contract-set service capped at what the grid can carry. It must accept remote disconnection. CAISO will publish proposed large-load additions, the upgrades they need and each upgrade's estimated cost. It leaves charging those costs to the transmission owners' own tariffs, not yet filed. The regional transmission charge on all customers covers only costs net of what large loads contribute.

Read

California Independent System Operator (CAISO)caiso.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.California Independent System Operator (CAISO)caiso.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Earlier this month

23
New

NERC's Board Adopts the Data-Centre Standards. They Still Carry No Ride-Through Number.

NERC's Board of Trustees adopted the first mandatory reliability standards for computational loads on October 26, twelve days after their final ballot. There are three new standards, covering interconnection studies and modelling data, operational data and communications, and protection coordination with disturbance monitoring. NERC will file them with FERC but has given no date, so none is in force. Neither NERC's announcement nor the project record gives a registration threshold, a numeric voltage or frequency ride-through requirement, or an effective date. NERC calls this phase one. Performance requirements are being written in separate projects, including one on disturbance performance.

Read

North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.American Public Power Associationpublicpower.org65% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
New

MISO's Own States Tell FERC Its Data-Centre Fast Lane Shifts Costs onto Everyone Else

MISO wants a 120-day combined study for loads over 200 megawatts that bring generation in the same zone (ER27-25). On October 23 the Organization of MISO States asked FERC to reject it, backed by 11 of the grid's 15 state commissions. Its reason: nothing stops transmission costs moving onto existing customers. Ratepayer advocates from six states and a Sierra Club–NRDC coalition protested on the same ground. Google said the design threatens its commitment that other customers will not pay to serve its data centres. MISO says a cost-allocation framework follows in November.

Read

Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Federal Energy Regulatory Commissionelibrary.ferc.gov90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Federal Energy Regulatory Commissionelibrary.ferc.gov90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
New

PJM Redraws Its Backstop So the Zones Where Data Centres Grow Pay for It

Federal regulators suspended PJM's emergency purchase of power over who pays. On October 22 PJM showed its members the replacement, which it said it would file on October 29. The cost would no longer be spread across all load. It would go to the zones where large loads are growing, in proportion to their share of that growth from 2026/27 to 2028/29. The redesign drops the opt-out for municipal and co-op utilities, which FERC had called apparently discriminatory. The auction would open on March 1, 2027, with results on May 3. It is a proposal: the deck gives neither a price cap nor a megawatt target.

Read

PJM Interconnectionpjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
New
New and large, in some cases gigantic, Data enters are mandated by me to make their own electricity, and give or sell any excess back to the local community, or grid, and therefore there is electric price increase. In fact, there could be a substantial decrease

— Donald Trump

Not yet checked

Unverified, quoted as CNBC printed the post. Neither CNBC nor the Northeast Times cites any order or rule that requires data centres to generate their own power. The Times found none posted as of October 22. The March Ratepayer Protection Pledge is voluntary.

Read

CNBCcnbc.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Northeast Times (Philadelphia)northeasttimes.com65% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Virginia’s Commission Staff, Its Consumer Counsel and Its Governor Each Oppose the Dominion–NextEra Deal As Filed

On October 19 three parties to the $67 billion merger case (PUR-2026-00112) filed testimony against approval on the terms offered. Commission staff recommended denial unless 57 conditions are met. The attorney general’s consumer counsel recommended rejection; its witness estimates that connecting Dominion’s projected large-load queue without assigning substation costs directly would put about $4 billion of them on households. Governor Spanberger asked for a six-year residential base-rate freeze, a $29 monthly bill credit, and a walled-off subsidiary to serve large data centres. The companies have already proposed dropping data centres from their shareholder-funded credits. The evidentiary hearing opens November 17. A decision is due by January 11.

Read

Virginia State Corporation Commissionscc.virginia.gov95% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Virginia State Corporation Commissionscc.virginia.gov95% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Office of the Governor of Virginiagovernor.virginia.gov70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.VPM Newsvpm.org75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
In the proceedings we reviewed, regulators found that data centers lower rates for other customers.

— Charles River Associates

Not yet checked

Unverified. The study was commissioned by the Edison Electric Institute, the utilities’ trade group. It reviews about 18 utility proceedings and measures no rates. Most of its savings figures are the utilities’ own projections. It calls PJM “a potential exception”.

Read

Charles River Associatesmedia.crai.com60% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Daily Energy Insiderdailyenergyinsider.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

NERC's Data-Centre Standards Pass Their Final Ballot — With No Ride-Through Number

NERC's reliability standards for computational loads passed a final industry ballot held October 9–14; its board is expected to adopt them this quarter before they go to FERC. No vote figures were published. The interconnection standard covers sites of 50 megawatts or more connected at 100 kilovolts or above. Owners must give grid planners model data at least every 13 months, including the settings at which a site trips or rides through a fault, and verify their models within a year of coming online. It sets no numeric ride-through requirement — the gap behind July's Ashburn event. Nothing is yet in force.

Read

North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Pennsylvania’s Governor Joins the Case for a Data-Centre Rate Class at PPL

Governor Josh Shapiro petitioned on October 15 to join a complaint Pennsylvania’s Office of Consumer Advocate filed against PPL Electric Utilities on October 2 (C-2026-3065756), arguing PPL’s rates and rules do not protect existing customers from costs caused by large data centres. He says he will argue for a separate class for large data centres carrying the costs their demand causes, and stronger terms on their transmission upgrades and regional reliability costs. PPL points to its existing large-load class, which requires long-term payment and security commitments, and a proposed rider assigning some transmission upgrade costs to large loads, still under review. Nothing is decided.

Read

Pennsylvania Public Utility Commissionpuc.pa.gov88% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Commonwealth of Pennsylvaniapa.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.PPL Electric Utilitiesnews.pplweb.com60% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

An Emergency Order Lets PJM Put Data Centres on Their Own Generators

At PJM's request the Energy Department declared a grid emergency for October 13–16, as unseasonable heat met about 61,000 megawatts of plant out for maintenance and PJM forecast coming within 900 MW of its reserve margin. The order lets PJM direct backup generators at large loads — the department names data centres, hyperscalers included — to run as a last resort before or during rolling blackouts, exempting hospitals, 911 centres and similar sites. Their emissions meanwhile do not count toward rolling-average permit limits, and costs are recoverable under the emergency statute. PJM called on demand response on October 13 and 14 and said it had not yet needed large-load backup generation.

Read

U.S. Department of Energyenergy.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.U.S. Department of Energyenergy.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.PJM Interconnectioninsidelines.pjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.PJM Interconnectioninsidelines.pjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

FERC Keeps PJM's Data-Centre Registry and Throws Out Its Curtail-First Plan

FERC ruled on October 9 on the second half of PJM's large-load package (docket ER26-3515). It accepted two pieces, effective October 12: a definition of a large load — 50 megawatts or more at one site, facilities within a mile counted together, of any type — and a registry of them. Utilities serving those loads report them to PJM and regulators; only aggregates will be public. It rejected the rest: the service that would have cut new data centres before other customers in a shortage, credit for capacity they bring themselves, and dropping uncovered load from the auction's demand. The curtailment terms, FERC said, reach retail customers and retail rates, which are the states' to set, and it urged states to decide who is cut first. It also flagged that curtailing at PJM's proposed trigger appears to conflict with a NERC standard. A compliance filing is due within 30 days; PJM named no date for refiling the rest.

Read

Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.ISO New Englandiso-ne.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.American Public Power Associationpublicpower.org65% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Latitude Medialatitudemedia.com68% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Federal Regulators Approve Duke's Large-Load Terms, Over a Dissent on Who Pays for the Wires

FERC voted 4–1 on October 9 to accept Duke Energy Carolinas' terms for transmission customers serving new loads of 100 megawatts or more (docket ER26-2691): they commit to pay for at least 75 per cent of their scheduled demand for 15 years after the upgrades they need enter service, with any shortfall credited to other customers. The upgrades themselves stay rolled into rates every network customer pays. Commissioner Judy Chang dissented: the security behind the 15-year commitment is roughly one to five months of transmission revenue, the 75 per cent is unexplained, and Duke's parent signed the White House pledge to pay for new delivery infrastructure, which she says the terms do not address. Two concurring commissioners called the protections imperfect.

Read

Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Federal Energy Regulatory Commissionferc.gov90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

NERC's Board Approves Two Data-Centre Registrations. The Threshold Is Not in the Announcement.

NERC's board approved rule changes on October 8 creating two registered roles — Computational Load Owner and Computational Load Operator — with criteria for who must register, and authorised a fast-tracked data request to support registration. The criteria still need FERC's approval and are due there by December 31. The announcement gives no megawatt threshold, voltage or aggregation rule. The reliability standards themselves were not adopted: they passed a first industry ballot in September — "with a high approval rating", NERC's chief executive said, giving no figure — and a final ballot was to open the next day. Nothing here is in force.

Read

North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Midwest Reliability Organizationmro.net85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

The Energy Department Backs FERC Against PJM; PJM Says It Will Refile by October 29

The Department of Energy filed a statement of position at FERC on October 7 backing the commission's objections to PJM's backstop: PJM "should implement the cost allocation and other reforms identified by the Commission to ensure that the costs of serving new data centers or other large electric energy loads are not unfairly shifted to PJM's existing ratepayers." Utility Dive reports it appears to be the department's first such filing at FERC in at least five years. PJM said the next day that it will file a revised proposal by October 29 rather than wait out the hearing, after a special members' meeting on October 22.

Read

Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.U.S. Department of Energyenergy.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Alabama Regulators Will Vote on Data-Centre Power Contracts — Unless They Don't

Alabama's Public Service Commission voted unanimously on October 6 to change how it reviews electricity contracts between Alabama Power and data centres, under a state law passed this year. The utility must publish a summary of each deal — location, the company, maximum demand — while the terms and its cost analysis go only to the commission and the attorney general. Commissioners are to vote within 90 days; if they do not, the contract takes effect. Until now the window to intervene was ten days. "Ninety days is better than 10, but silence still counts as yes," said Energy Alabama's Daniel Tait.

Read

Alabama Reflectoralabamareflector.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
Alabama Power will continue to require large load data center customers to pay the full cost to serve their energy needs, so costs are not shifted to existing customers.

— Alabama Power

Not yet checked

Unverified, and not checkable from the public record: under the review process Alabama regulators adopted the same day, each contract's terms and the utility's own cost analysis are filed non-publicly, and only a summary is published.

Read

Alabama Reflectoralabamareflector.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Our reading

NPR's Maryland Bill Figure, and the Report It Links

NPR reported on October 1 that "by one estimate, Maryland customers, for example, pay somewhere around $168 to $216 more per year on their electricity bills primarily due to the data center boom." The words "one estimate" link to an August 2024 report by Synapse Energy Economics for Maryland's Office of People's Counsel. Its table projects added residential costs of $14 a month for Pepco customers and $18 for Potomac Edison's — $168 and $216 a year — beside $16 for BGE and $4 for Delmarva. Its executive summary says prices were "driven primarily by (1) increases in load, (2) various market rule changes" and "(3) a reduction in capacity market supply due to plant retirements". The term "data center" does not appear in that summary.

Compared

NPRnpr.org90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Maryland Office of People's Counselopc.maryland.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Pennsylvania Proposes Cutting Data Centres Off First — Under a Service FERC Then Threw Out

Pennsylvania’s utility commission voted 4–0 on October 1 to propose that utilities curtail data centres without new capacity for their whole demand before any other customer when PJM calls for cuts. The draft covers computing sites of 25 megawatts at one connection point, or 50 across several on one feeder; strips them of critical-load status, save a narrow exception for sites serving hospitals; and has utilities register large loads. Its first trigger is PJM’s interim resource-adequacy service, which FERC rejected eight days later; the draft covers any successor. It is a proposal (M-2026-3064961): a final order is targeted for January 28, and a conference on who pays meets November 17.

Read

Pennsylvania Public Utility Commissionpuc.pa.gov88% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Pennsylvania Public Utility Commissionpuc.pa.gov88% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Pennsylvania Public Utility Commissionpuc.pa.gov88% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.NorthcentralPa.comnorthcentralpa.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Daily Energy Insiderdailyenergyinsider.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Michigan Binds Google to Twenty Years of Minimum Bills for a DTE Data Centre

Michigan’s Public Service Commission approved DTE Electric’s contracts to serve a Google data centre in Van Buren Township (U-22058). The approval carries protections meant to keep the cost off other customers. Google signs for 20 years, against the five DTE’s large-load rate normally requires. It pays for at least 80 per cent of contracted demand, owes at least 15 years of minimum charges if it leaves early, and must post collateral. Google also funds up to 1,600 MW of renewables and 480 MW of storage, which DTE will build to serve the site. DTE says other customers gain $1.7 billion over the contract; the commission reports that figure as DTE’s claim without adopting it.

Read

Michigan Public Service Commissionmichigan.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Bridge Michiganbridgemi.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
My bill ensures that large data centers pay their fair share of electricity costs, infrastructure costs that they require, requiring them to own the responsibility for those costs rather than shifting them to other ratepayers.

— Jon Husted

Not yet checked

Unverified. His own office's release describes the bill as one that "would require states to consider establishing standards", and independent summaries say it mandates no rate structure. Whether it "ensures" anything is settled by the bill's text, not by summaries of it.

Read

Jon Hustedhusted.senate.gov50% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.NBC Newsnbcnews.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

The Senate Blocks the Ratepayer Bill, 57–43 — From the Side That Says It Does Too Little

The House-passed Ratepayer Protection Act failed to advance in the Senate on September 30, 57–43, three short of the sixty needed. Democrats supplied the opposition; on September 17 one had objected when Senator Jon Husted sought passage by unanimous consent. Their complaint is that the bill asks states to consider standards and requires nothing. They point to two of their own: Senator Martin Heinrich's GRID Savings Act, which by his office's account would require FERC to write rules making large loads pay for the facilities that connect them, and Senator Chris Van Hollen's Power for the People Act, which would direct FERC to charge data centres for local transmission. Neither has had a vote.

Read

NBC Newsnbcnews.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Jon Hustedhusted.senate.gov50% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Office of Sen. Martin Heinrichheinrich.senate.gov70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Office of Sen. Chris Van Hollenvanhollen.senate.gov70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Reliability Drafters Tally the Data-Centre Disturbances, and Still Give No Ride-Through Number

NERC's large-loads working group has two draft requests for new standards out for comment until October 22: one to make data-centre owners report unexpected drops in load, one to make planners study the sudden loss of that load. The drafts give the record: roughly 3,800 MW left the grid in Northern Virginia after a fault in Ashburn on July 22, 2026 — a preliminary figure — after drops there of about 1,500, 1,800, 540 and 1,300 MW since July 2024. Existing event reporting, they say, does not cover these sites. Neither draft gives a reporting threshold or a numeric ride-through envelope; that waits on a paper expected in December.

Read

Midwest Reliability Organizationmro.net85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Federal Regulators Accept PJM's Backstop — and Suspend It Over Who Pays

FERC accepted PJM's backstop procurement for filing on September 29 but suspended it for five months, to February 28, 2027, subject to refund, and set a hearing on three parts it said "may be unjust, unreasonable, unduly discriminatory or preferential": cost allocation, transmission-owner exit rules and collateral for load-serving entities. Accounts of the order say PJM had not shown its allocation follows cost causation, and that an opt-out for cooperatives and municipal utilities may discriminate. The eligibility rules and the $555 weighted-average ceiling were accepted. The commission said it "may need to direct significant modifications" and urged PJM to refile. Chairman Laura Swett, concurring, called the filing "deeply flawed" and "eleventh-hour"; Commissioner Lindsay See wrote that PJM "missed the mark" on charging "the customers who drive its need". PJM's release was headed "FERC Accepts PJM Reliability Backstop Proposal". The auction due to open September 30 did not, and has no new date. Dockets ER26-3380-000, EL26-108-000.

Read

PJM Interconnectionpjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Federal Energy Regulatory Commissionferc.gov90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Troutman Pepper Locke — Washington Energy Reporttroutmanenergyreport.com78% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.PJM Interconnectioninsidelines.pjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
Plain and simple, the Ratepayer Protection Act is a fraud. It does not require any protections at all.

— Chuck Schumer

Not yet checked

Unverified. Summaries of the bill, its sponsor's among them, say it requires states to consider cost-recovery standards and mandates no rate structure — consistent with "does not require", but a summary is not the text. "Fraud" is characterisation, not a checkable claim.

Read

NBC Newsnbcnews.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Jon Hustedhusted.senate.gov50% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

This quarter

23

PJM's Monitor Counts 42 Per Cent of Forecast Data-Centre Growth as Delayed or Cancelled

In a September 25 filing against PJM's backstop, its independent market monitor counted 4,016.9 megawatts — 42 per cent of the 9,481 MW rise in data-centre load PJM forecast between its 2026/27 and 2028/29 auctions — as cancelled or delayed as of September 21, half in Dominion's zone. Without that load, it says, the 6,831 MW shortfall the backstop exists to fill shrinks to 3,055 MW. The count rests on a commercial project tracker, lumps delays with cancellations, and comes from a party asking FERC to reject the plan. "PJM never did a detailed evaluation of whether each data center was likely to be built," it wrote.

Read

Monitoring Analytics, LLCmonitoringanalytics.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Forbesforbes.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

California Writes Who Pays for Data Centres Into Law — and Leaves the Tariffs for 2028

Governor Gavin Newsom signed a data-centre tariff regime on September 21, effective January 1. SB 886 orders the state utility commission to set data-centre tariffs by January 2028 that keep stranded costs and cost shifts off other customers: data centres bear the transmission upgrades they trigger, including shared ones where federal law allows; refunds are capped and tied to load that materialises; leaving within ten years carries a fee. AB 2383 adds a generation tariff, applying from a size the commission sets at no more than 25 megawatts, that charges incremental supply costs for at least ten years; on-site zero-emission generation reduces it. No tariff is written yet. This rests on a law firm’s summary, not the bill texts.

Read

The National Law Reviewnatlawreview.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

The House Votes 417–3 on Who Pays for the Grid. It Is Not Law.

The House passed the Ratepayer Protection Act (H.R. 9340) 417–3 on September 16, after a 52–0 committee vote in July. It now goes to the Senate, where a companion is led by Senator Jon Husted. ClearView Energy Partners told clients it is unlikely to pass before the November midterms, and that the compressed schedule may require unanimous consent — giving senators who want stronger protections room to block it. If enacted, it would set federal standards that states must **consider** adopting for customers drawing 100 MW or more: recovering the full incremental cost of generation, transmission or distribution built to serve them; financial assurances before upgrades; and guaranteed cost recovery if a large load exits its contract early. It mandates no rate structure. States would have one year to begin considering and two to decide.

Read

Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Office of Rep. Gabe Evansgabeevans.house.gov70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

North Carolina’s Attorney General Asks for a Rate Class of Their Own

Jeff Jackson filed a proposal urging the state Utilities Commission to create a separate rate class for Duke Energy’s data-centre customers, inside Duke’s pending rate cases and a proceeding the Commission opened at his request. In August he asked the Commission to make Duke publish the template contract it uses with large energy users, report deviations from it, update load forecasts every 90 days rather than every six months, and pause new gas plant development meanwhile. Duke projects 80 per cent of its new demand comes from data centres and other large users. The Commission has not ruled; this is a petition, not a rule.

Read

North Carolina Department of Justicencdoj.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

A Pennsylvania Study Models the Grid Missing Its Own Standard Every Year to 2030

A study commissioned by Pennsylvania's Public Utility Commission from Synapse Energy Economics and two other consultancies models PJM missing its resource-adequacy standard — one day of shortfall in ten years — in every year from 2027 to 2030. The reference case, built on PJM's own 2026 load forecast, reaches about six times the standard in 2030; a worst case, 132 times. With no new data-centre load from 2027, the model meets it. It also models 2029 capacity prices 20 percent higher, and energy prices 18 percent higher, than without new data centres. These are scenarios, not forecasts, and the views are the authors', not necessarily the commission's.

Read

Pennsylvania Public Utility Commissionpuc.pa.gov88% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

PJM's own monitor asks federal regulators to throw out its data-centre plan

Monitoring Analytics, the independent monitor of PJM's markets, told federal regulators on 3 September to reject the Interim Resource Adequacy Service PJM filed in August — the scheme under which a new data centre brings its own generation or is curtailed first. Its objection is that the scheme collects without obliging. A load that brings nothing still pays a capacity charge, but the proposed tariff offers it no compensation for being curtailable and, the monitor argues, no enforceable curtailment rule: PJM would hand a utility an aggregate reduction target and leave 14 state jurisdictions to decide who is cut, and after three years without a shortfall the obligation lapses. The monitor also asked the commission to rule PJM's existing rules unjust and unreasonable.

Read

Monitoring Analytics, LLCmonitoringanalytics.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.PJM Interconnectionpjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Five states' consumer advocates tell FERC to reject PJM's backstop, and Maryland races its own clock

The consumer advocates of Maryland, Delaware, DC, Illinois and New Jersey jointly asked FERC to reject PJM's Reliability Backstop Procurement — the one-time, 15-year, 6,831-megawatt buy meant to cover its auction shortfall — saying PJM never showed it necessary and that it leaves existing customers paying if the projected data centers are delayed or cancelled. Maryland's Office of People's Counsel puts its households' exposure at up to $562 million over 15 years, notes none of the seven Maryland projects in the forecast has a signed utility agreement, and is pressing the state commission to force peak-shaving before the 21 October lock-in. PJM says the buy is needed and matches the White House ratepayer pledge.

Read

Inside Climate Newsinsideclimatenews.org85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Maryland Office of People's Counselopc.maryland.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Maryland Office of People's Counselopc.maryland.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Congress's researchers weigh the evidence on data centres and your bill, and find it points both ways

The Congressional Research Service published the first nonpartisan survey of the question underneath this whole fight: have data centres raised retail electricity prices? Looking backward, largely not. It reports Lawrence Berkeley National Laboratory's analysis of 2019 to 2025 finding the main driver was utility investment in ageing and hardening infrastructure, alongside gas prices, storm recovery and state policy — and that states with the fastest data-centre growth generally saw prices fall, plausibly because the extra demand spread fixed costs across more sales. Looking forward, the modelling reverses: a North Carolina State-led study projects national electricity costs rising 6 to 29 percent, and up to 57 percent in some regions; a Carnegie Mellon-led one, 8 percent by 2030. The service's own reading is that data-centre demand "appears to be one of several contributing factors" behind the 2025 and 2026 increases in PJM, and that the impact in any market remains uncertain.

Read

EveryCRSReport (Congressional Research Service)everycrsreport.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Without a governor's settlement, data centres would have cost PJM's customers $46 billion

PJM's independent market monitor put a number on what a price ceiling was worth. Including forecast data-centre load in the last three capacity auctions raised customers' bills by $20.0 billion even with the cap Pennsylvania's governor extracted from PJM in a 2025 settlement; without it, the monitor calculates, the distortion would have been $46.4 billion — so the settlement absorbed $26.4 billion of it. The counterfactuals run against PJM's own proposed uncapped demand curve: the 2027/2028 auction would have cost 60 percent more, the 2028/2029 auction 81 percent. The next auction, for 2029/2030, falls in December and still counts forecast data-centre demand.

Read

Monitoring Analytics, LLCmonitoringanalytics.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

MISO becomes the second grid to write large-load rules — and the first to name a "computational load"

MISO, the grid operator for 15 states from Louisiana to Minnesota, asked FERC on 28 August to make any load over 50 megawatts meet new connection rules — monitoring, forecasts, ramp limits and ride-through — effective 4 December. It follows PJM and ERCOT but goes further, defining a "computational load": a large load with at least 25 megawatts of IT equipment, a class no US grid operator had named before, so a data center and a steel mill of equal size answer to different rulebooks. The numbers that decide compliance cost are not yet public, and because MISO meters the interconnection, not the servers, the class rests on what a customer declares. It is a proposal, not in force.

Read

Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Microgrid Knowledge / mgrid.orgmgrid.org72% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Midcontinent Independent System Operator (MISO)misoenergy.org90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Now the Data Centres Are the Ones Telling FERC the Ratepayer Isn't Protected

Microsoft told FERC on 21 August that American Transmission Co.'s agreements for its Mount Pleasant campus in Wisconsin fail to shield utility customers from infrastructure costs — the minimum transmission charge has no mechanism to stop WEPCo's retail customers paying for the facilities while large loads pay twice, an early-termination fee would be a windfall, and construction-work-in-progress recovery is unjustified. It cites its own signature on the White House Ratepayer Protection Pledge, and also wants a seat in setting the terms. Wisconsin's regulator says the agreements improve on past practice but are "far from fully responsive", and warns ATC's cost-allocation structure could shift interconnection costs to other customers even if demand arrives as planned; the Citizens Utility Board filed separately calling the proposal unjust and unreasonable for lacking mechanisms against cost-shifting. ATC has approval for a $600 million transmission project serving Mount Pleasant and is planning about $2 billion of data-centre-related work. Separately PowerHouse Hillwood asked FERC to reject ComEd's cancellation of a security agreement for a 1.8 GW, $20 billion data centre in Joliet, arguing Exelon's non-standard agreements reflect monopoly power where, unlike generator interconnection, no pro forma rules exist. FERC has pushed the six grid operators' show-cause responses to mid-November.

Read

Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Wisconsin Public Radiowpr.org85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

PJM's Own Market Monitor Puts Data Centres at 9 Percent of the Wholesale Price

Monitoring Analytics, the independent monitor of the largest US power market, told PJM's Members Committee that existing and forecast data-centre load accounted for 9 percent of the wholesale price of power through July — $10.48 per MWh — arriving entirely through the capacity market. Across PJM's last four capacity auctions it puts the resulting increase in capacity-market revenues at $29.4 billion, and says the total "will continue to grow until the issues associated with the addition of large data center loads are addressed". Two cautions the monitor states itself: the figure excludes any data-centre effect on energy and transmission prices, so it is a floor rather than a total; and the 46 percent rise in overall wholesale cost this year, to $56.7 billion, is not attributed to data centres.

Read

Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

America's Largest Public Utility Puts Data Centres in a Rate Class of Their Own

The Tennessee Valley Authority's board voted on 20 August to charge data centres under a separate, higher rate class from 1 October, lifting their power costs by about 10 percent phased over three years. TVA's chief financial officer, Tom Rice, framed it as supporting AI growth without raising residential and business bills. Data centres were 18 percent of TVA's industrial power use last year. Minutes after the rate vote the board approved SpaceXAI, formerly xAI, as a directly served customer: it pays the new rate, fully funds all dedicated transmission and interconnection facilities needed to serve it, and operates under TVA's strictest reliability and flexibility obligations. What the account does not give is the allocation mechanism inside the rate, or what happens to the data centres that buy through a local utility rather than from TVA — which is most of them.

Read

Chattanooga Times Free Presstimesfreepress.com78% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

NERC splits the data-centre rulebook in two, and narrows who has to sign up for it

The body writing America's mandatory reliability standards revised its registration criteria for computational loads on 19 August, replacing the single entity it proposed in April with two — a Computational Load Owner and a Computational Load Operator — so the duty to comply has a named holder. The first draft had reached owners, tenants, colocation providers and hosts alike without saying which of them carried it. TRC Companies, a compliance consultancy, reports NERC has also lifted the registration threshold from 20 megawatts to 50; NERC's own bulletin states no figure. Comments close 18 September, and three new standards — on interconnection data, operational communications, and disturbance monitoring — went to ballot the same day. None carries a numeric ride-through or ramp limit.

Read

North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.TRC Companiestrccompanies.com62% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
PJM's proposed Large Load Registry does not require data centres themselves to provide supporting evidence for the load information filed about them, and sets no validation schedule; the tariff should require ongoing validation, supporting evidence, and updates at least monthly or whenever a load's status changes.

— Joseph Bowring

Read

Data Center Knowledgedatacenterknowledge.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Every US power market asks for more time on data centres, and federal regulators grant it

The national deadline for rewriting the rules on connecting data centres moved three months to the right. In June the Federal Energy Regulatory Commission had ordered all six of the country's organized electricity markets to show cause why their tariffs should not be found unjust and unreasonable, with preliminary findings that current rules do not adequately handle the cost and service problems large loads create. It named five things each market had to fix: faster transmission-service applications and study processes that consider alternative technologies; prevention of cost shifting, with transparency about who pays for transmission; accommodation of co-location deals and behind-the-meter generation; new transmission services for flexible large loads; and a process for studying generation that serves electrically proximate loads. Responses were due 17 August. Instead, every one of the six asked to hold the proceeding in abeyance while it wrote its own reforms, and on 14 August the commission agreed: California's operator now has until 16 November and the Southwest Power Pool until 20 November, with 90-day extensions for the Midcontinent operator, PJM, the New York operator and ISO New England. Each market's proceeding has its own docket — EL26-67 for PJM, EL26-68 for SPP, EL26-69 for New York, EL26-70 for the Midcontinent, EL26-71 for California, EL26-72 for New England. The California operator told the commission the extra time would let it finish a stakeholder process already aligned with the five categories, and said it would seek board approval of its filing by 28 October; the Southwest Power Pool said it would revise its High Impact Large Load process and its transmission-service agreements to carry operational requirements for such loads. The commission rejected an objection from American Municipal Power and warned the Midcontinent operator and its transmission owners that if their eventual response does not meet the preliminary findings, it will decide the questions itself through the show-cause proceeding. It also released the Western Area Power Administration and six California municipal utilities — Anaheim, Azusa, Banning, Colton, Pasadena and Riverside — which argued they are outside its jurisdiction while saying they are coordinating with the California operator and are willing to file tariff revisions of their own.

Read

NewsData (California Energy Markets / Clearing Up)newsdata.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Federal Energy Regulatory Commissionelibrary.ferc.gov90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Federal Energy Regulatory Commissionelibrary.ferc.gov90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

PJM files the curtailment half of its plan: new data centres bring their own power, or get cut first

PJM turned the second half of its large-load package into a live federal case, filing at the Federal Energy Regulatory Commission — docket ER26-3515, with a requested effective date of 12 October 2026 — a framework built on a simple rule: a new data centre or other large load must bring, build or buy its own new generation, or accept being curtailed ahead of ordinary customers when supply runs short. The obligation is narrower than the headline: a New Large Load is one entering service or adding demand after 1 June 2027 with a cumulative peak of at least 50 megawatts at a single electrical site, affiliated facilities within a mile counting as one site — and crossing that threshold does not by itself trigger anything. Only the portion of demand its supplier has not matched with designated qualifying new capacity is exposed to the new Interim Resource Adequacy Service, so a load that covers its registered peak faces no curtailment at all. What counts as cover is broad: new generation, uprates, surplus interconnection service, repowered plant, fuel conversions, storage, certain demand and distributed-energy resources, or capacity allocated from the backstop procurement PJM filed in July. For the remainder, when the grid approaches dangerously low supply, utilities would be directed to reduce or transfer that demand before any measure that shuts off traditional consumers, including residents, and before calling on the load-management customers who are paid in advance to curtail; a curtailed load can earn a reliability credit or, per the Ratepayer Protection Pledge the filing is built around, waive it. The plan leans on the Large Load Registry PJM's board directed in July — proposed Schedule 11 would require a site's location, peak demand, ramp schedule, telemetry, backup generation and supply contracts — and adds a sharper lever: beginning with the 2029/2030 capacity auction, unsupported new large load would be subtracted from the demand PJM procures capacity to serve. As with the board's July direction, the retail question is pushed downward — which specific customers bear the cost, and how, is left to state-level entities. PJM attributes 30 of the 32 gigawatts of demand growth it forecasts between 2024 and 2030 to data centres, and asked FERC to rule within 60 days. Nothing is in force; this is the connect-and-manage piece that runs alongside the Reliability Backstop Procurement PJM filed on 31 July, and it needs federal approval before it binds anyone.

Read

PJM Interconnectioninsidelines.pjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Capitol News Illinoiscapitolnewsillinois.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Data Center Knowledgedatacenterknowledge.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

PJM's independent monitor puts the data-centre premium at $11 a megawatt-hour

The independent monitor of PJM's markets, Monitoring Analytics, published its assessment of the first half of 2026 and — for the first time on a clean half-year basis — separated out what data centres are adding to the wholesale bill. Including data-centre load in the capacity market raised the total cost of wholesale power by $11.11 a megawatt-hour, or 9.7 percent, lifting it from $103.40 to $114.50 over January-to-June; the figure is the capacity-market effect alone and excludes any impact on energy or transmission costs, so it is a floor, not a ceiling. The driver is the capacity market the monitor has criticised all year: the total cost of capacity per megawatt-hour rose 207 percent, from $6.39 to $19.61, year on year. Its president, Joseph Bowring, drew the line the report is organised around — PJM's energy market produced competitive results in the first half of 2026, but the capacity auctions for the 2025/2026, 2026/2027 and 2027/2028 delivery years were "not competitive, primarily as a result of the inclusion of forecast demand for data centers," which is why the monitor continues to recommend that forecast data-centre demand be removed from the capacity market and that data centres be required to bring their own new generation. It is the same prescription PJM's own filings have now, in part, adopted.

Read

PR Newswireprnewswire.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Monitoring Analytics, LLCmonitoringanalytics.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Monitoring Analytics, LLCmonitoringanalytics.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

A federal bill would tax data-centre electricity by the kilowatt-hour — and spend it elsewhere

Representative Andrea Salinas of Oregon introduced the Data Center Community Reinvestment Act of 2026 (H.R. 10102), which would levy a federal excise tax of one cent on every kilowatt-hour of electricity consumed by a data centre with more than a megawatt of power capacity. Her office estimates the tax would raise about .76 billion a year, divided among the Land and Water Conservation Fund, the Housing Trust Fund, the Hazardous Substance Superfund, the Highway Trust Fund and a newly created Energy Technology Trust Fund. It is worth being precise about what that does and does not do: the bill contains no mechanism that reduces anyone's utility rate. The revenue goes to unrelated federal programmes, not to offsetting the transmission and capacity costs that state commissions are now allocating; the case for it is that the industry should contribute to public costs, not that a household bill will fall. It has been referred to three committees — Ways and Means, Energy and Commerce, and Science, Space and Technology — and is at the earliest stage of the legislative process. Four days later Representative Henry Cuellar of Texas said he was finalising a different instrument, a 'Ratepayer Bill of Rights Act' aimed at the allocation itself: it would require data centres to pay all project-driven costs, bar those costs from being passed to households, farmers, ranchers and small businesses, require a binding cost-recovery agreement and financial security before service begins, and prohibit the use of separate entities, meters, tenants, parcels or phases to evade the law — the same anti-fragmentation problem PJM's registry threshold tries to solve. That bill has not been filed; Cuellar said he would introduce it when Congress returns. Three related measures he co-sponsors have passed out of committee, including one that would require states to consider standards for data centres to pay for power production and infrastructure. Nothing here is law, and the federal government has so far left cost allocation to the states.

Read

Newsweeknewsweek.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.KGNS-TVkgns.tv72% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Louisiana regulators rule that Meta need not say how much power its data centre will use

The Louisiana Public Service Commission voted 3-1 to overturn a subpoena that would have forced Meta to produce the evidence behind its claims about the Hyperion campus in Richland Parish — including the amount of electricity the data centre will actually need. An administrative law judge had issued the subpoena in July at the request of the Alliance for Affordable Energy, the Union of Concerned Scientists and Earthjustice, ordering Meta to substantiate its stated economic investment, its permanent job creation and its load. Meta resisted, first moving to quash the subpoena and then asking the commission itself to review the judge's ruling rather than let the case proceed; the commission's vote grants that review and overrules the judge, which leaves the motion to quash moot. Commissioner Lewis dissented and Commissioner Campbell was absent; more than forty residents attended to oppose the request. The docket, U-37882, is not an abstract transparency fight: it is Entergy Louisiana's application to fast-track approval for seven more gas plants to serve the campus, on top of three the commission approved last year, and the commission is expected to vote on that application in December. The load figure the subpoena sought is the number that would show whether the new plants are sized to the data centre or to something larger — and whether the risk of paying for them, if the demand does not arrive, sits with the customer or the company. No American operator publishes per-site consumption, and after this ruling Louisiana's regulator will decide without holding it.

Read

Alliance for Affordable Energyall4energy.org60% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Straight Arrow Newssan.com72% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Virginia orders its utility to bill data centers directly for the wires they trigger

The Virginia State Corporation Commission ordered Dominion Energy to develop a tariff assigning the cost of transmission infrastructure directly to the data centres and other large-load customers that trigger it — establishing that a network or substation upgrade that would not have been built but for a large-load customer should be charged to that customer rather than spread across all ratepayers. The order came in Dominion's rider T1 transmission rate-adjustment case, in which the utility sought to recover about $1.5 billion; the commission's approach shifts more of that onto large loads, trimming the average residential customer's share to roughly $0.94 a month from an original $2.90 request. It builds on the commission's November 2025 order creating the GS-5 rate class for customers of 25 megawatts or more — effective 1 January 2027, with an 85 percent minimum demand charge on transmission and distribution — and names candidates for direct assignment, including the Valley Link 765-kilovolt line between Lynchburg and Culpeper. The commission conceded the tariff "may not address all instances," and the timing of the tariff ruling and the exact residential savings are not yet set. The tariff is directed to be developed, not yet in force.

Read

Virginia State Corporation Commissionscc.virginia.gov95% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Virginia Mercuryvirginiamercury.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
This order — which is projected to save Virginians hundreds of millions of dollars — makes sure that data centers are paying the full cost of the transmission infrastructure their developments require.

— Abigail Spanberger

Read

Virginia Mercuryvirginiamercury.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

PJM takes its large-load plan to federal regulators, with a price on the backstop

Four days after its board directed the action, PJM filed its Reliability Backstop Procurement plan at the Federal Energy Regulatory Commission (docket ER26-3380-000), converting the board direction into a live proceeding. The filing sets the calendar and the price the board decision had left open: a one-time backstop auction would run from 30 September to 21 October 2026 to fill the 6.8-gigawatt shortfall its last base auction could not, with results due by 2 December, and it proposes to cap accepted supply at $555 per megawatt-day — more than the $325 ceiling that bound the base auction. The Natural Resources Defense Council, reading the filing, estimated PJM would pay as much as $20 billion for the new power plants needed to serve data centres built through 2027. The cost-allocation question the board flagged is unchanged in the filing: it "relies on each of the PJM states to refine ... which retail loads ... should be allocated the costs," so state commissions still decide who ultimately pays, and absent a state framework the backstop's costs default to all load in the zone. The $555/MW-day figure here is the backstop procurement's proposed cap, and should not be conflated with the base auction it repairs — that auction was held to a $325/MW-day cap and its results report simulated it would have cleared at $554.72 without one. None of it is in force; FERC must approve the package, and the auction is scheduled to open barely two months after the filing.

Read

PJM Interconnectionpjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.PJM Interconnectionpjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Natural Resources Defense Councilnrdc.org65% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Earlier this year

Covered since Jul 2026Read it from the start →