by Naureen S. Malik
Businesses and households served by the largest U.S. power grid will spend a record $16.1 billion to ensure electricity supplies—a result that prompted immediate calls from utilities and energy groups to build more generation amid the AI frenzy.
The payouts to generators and other suppliers topped last year’s record $14.7 billion, according to PJM Interconnection LLC, which operates the grid stretching from the Midwest to the mid-Atlantic. That raises the capacity price per megawatt…
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