> Indian Insurance: AI Bumps Power Cost 60% as Mega US Grid Fails to Hit Supply Goal

Wednesday, July 15, 2026

AI Bumps Power Cost 60% as Mega US Grid Fails to Hit Supply Goal

Power-hungry data centers have increased supply costs for the largest US electric grid by more than 60%, the system watchdog said. PJM Interconnection LLC, which serves 13 states and Washington, DC, said Tuesday that its auction to procure power for …

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