It isn’t just data centers spiking electricity costs…according to a big tech-funded study. (E3)
The Data Center Coalition-funded E3 whitepaper claims that plenty of factors influence electric rates, from inflation to grid modernization—but acknowledges that hyperscalers play a role, which varies by region.
Worth remembering from yesterday: PJM wholesale power costs surged 76% in Q1. The E3 report notes that regional load growth (including data centers) contributed around half of the rising costs in recent PJM capacity auctions. The other drivers? Power plant retirements, market design shifts, and “other supply-side factors.”