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The El Paso

With AI driving up energy costs, commercial and industrial companies have a narrow window to act

With AI driving up energy costs, commercial and industrial companies have a narrow window to act
Photo: KVIA ABC-7 · view original

Midwest and Rust Belt industrial operators are now facing historic electricity price spikes, which are driven by AI data center load. According to the Institute for Energy Economics and Financial Analysis (IEEFA), PJM capacity prices jumped from $28.92 per megawatt-day in 2024 to $329.17/MW-day i...

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