US state governor pushes for grid reforms as power bills swell

Maryland Governor Wes Moore is pushing reforms in PJM Interconnection, including long-term power contracts and requiring data centers to pay for the infrastructure needed to serve them. The proposal could shift costs onto large electricity users and affect power market economics in the largest U.S. electricity market. The main implications are regulatory and sector-specific rather than broad market-wide.

Analysis

Maryland Governor Wes Moore is pushing reforms in PJM Interconnection, including long-term power contracts and requiring data centers to pay for the infrastructure needed to serve them. The proposal could shift costs onto large electricity users and affect power market economics in the largest U.S. electricity market. The main implications are regulatory and sector-specific rather than broad market-wide.