Dive Brief: Capacity prices in the PJM Interconnection’s latest capacity auction hit a $329.17/MW-day price cap across its region, up 22% from a year ago for most of PJM, the grid operator said Tuesday. PJM expects the increase to record-high capacity prices for the 12-month period that starts in June 2026 could lead to 1.5% to 5% bill increases for some …
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Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Alphabet‘s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in the U.S., the technology company …
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