PJM files backstop auction plan at FERC to meet capacity shortfall

PJM Interconnection has filed a backstop auction plan at FERC to address an anticipated capacity shortfall driven by a surge in data center electricity demand, projected to grow by 70 GW by 2038.

This Wire brief sits within Fusion42's coverage of Climate Tech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.