Business

Data Center Power Costs to Rise

Updated 2026-07-15 21:10 UTC 1 source Negative

A recent power auction is expected to increase electricity costs for data centers across 13 states. The results of the auction will impact billions in expenses over the next decade.

Coverage timeline — 2 articles
The Hill
Rep. Kat Cammack (R-Fla.) on Wednesday addressed the international race to achieve dominance over artificial intelligence and the importance behind each country’s efforts to take the lead. “China and Russia and Iran would love nothing more than for us to say, absolutely, no data science. And that is
2026-07-15 20:50 UTC
The Hill
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 inde
2026-07-15 20:52 UTC
Share: Twitter / X LinkedIn