Energy · 50 views
PJM files backstop auction plan at FERC to meet capacity shortfall
The proposal aims to fill a capacity shortfall driven by surging data center demand, which could grow by 70 GW by 2038, according to the PJM Interconnection.
AI Summary
PJM Interconnection filed a proposal with the Federal Energy Regulatory Commission to hold a one‑time reliability backstop auction. The auction will run from September 30 to October 21 and aims to add new capacity to address a 6.8‑GW shortfall identified after the last base‑capacity auction. The shortfall is driven by projected increases in data‑center demand, which PJM estimates could grow by 70 GW by 2038. The backstop auction is intended to secure the additional capacity needed to maintain grid reliability.
AI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are usedCoverage Context
More from Energy
Continue reading recent Energy coverage
- Scatec secures $217 million for Egypt smelter solar-plus-storage plantContinue reading
- EU Rules Out New Climate Finance Pledges at COP31Continue reading
- Heat pump grant survives, new loans for solar and battery storage in UK BudgetContinue reading
- Researchers improve heating uniformity in PV module laminatorsContinue reading
Support HappeningNow
Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.
Support HappeningNow