Data center electricity demand is expected to drive up costs after recent power auction
AI disclosure
Summary
Data centers are expected to add billions in electricity costs across 13 states in the years ahead after a recent power auction. Grid operator PJM this week announced the results of an auction to buy power for the 13 states that it serves for June 2028 through May 2029. Monitoring Analytics, an independent market monitor…
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The proposed data centres are designed to use minimal or no water for cooling as they are dry, air-based systems.
— Aaron (@LibertarianZA) July 15, 2026
Also, electricity demand in Cape Town has fallen by 20% since 2008 so this will bring extra revenue to support the grid.
It's not all doom and gloom. https://t.co/fA4rpb5usH