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US POWER PRICES SURGE 76% AS DATA CENTERS STRAIN GRID

Electricity prices on the PJM Interconnection, the largest US power grid, jumped 76% year-over-year to $136.53/MWh in Q1, driven primarily by surging demand from data centers.

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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 (John Ainger/Bloomberg)

John Ainger / Bloomberg: Power prices on the largest electric grid in the US, operated by PJM, jumped 76% YoY to an aver…

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