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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
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. The success of the plan depends on states taking steps to protect their retail customers from cost shifts, it said.
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