Wire · technology
The AI boom's hidden electricity bill — and why you're paying it
◆ Geography
◆ Source
◆ Verified
Fusion42 · 24 July 2026 · Fusion42 review
PJM Interconnection's capacity auction hit its price ceiling for the third consecutive time as AI data centre demand outpaces grid supply by 6.8 gigawatts, forcing ordinary ratepayers to subsidise the cost of new generation that should be borne by hyperscalers through direct supply contracts.
◆ ◆ The Wire takeaway
If you're selling power infrastructure—transformers, substations, transmission lines, or backup generation—hyperscalers are now your customer, but they're not paying for you. Call PJM's regulated utilities: they've just been forced to fund capacity three auctions in a row, and they need to buy your gear to meet AI load without hitting the price cap again.
◆ Related on Wire
◆ Topics