#PJMInterconnectionLLC
#PJMInterconnectionLLC said its auction to procure power for the year starting June 2028 fell 6.8 gigawatts short of what it will need to guarantee system reliability during demand spikes, according to a statement. #WillWade has more on "Bloomberg The Close." youtu.be/7TJCWig07js
PJM Grid Misses Power Supply Target Amid AI Surge
YouTube video by Bloomberg Television
youtu.be
July 15, 2026 at 12:29 AM
A recent analysis by @bloomberg.com underscores just how DIRE it's getting. In the country's largest continuous grid, a 13-state monstrosity managed by #PJMInterconnectionLLC the media company notes that power costs have set RECORD HIGHS for two years in a row.
futurism.com/electricity-...
Electricity Is Becoming Unbelievably Expensive as the US Power Grid Decays Into Ruin
Thanks to a perfect storm of AI and crony capitalism, the country's power system is rapidly crumbling as costs balloon into the stratosphere.
futurism.com
August 29, 2025 at 10:04 PM