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The AI Boom Has a Power Problem. These 3 Utilities Are Getting Paid to Solve It.
Source: 247wallst.com
Artificial IntelligenceEnergy Markets & PricesInfrastructure & DefenseTechnology & Innovation
US data-center power demand has exceeded the grid's pace of generation additions, tightening electricity capacity conditions. PJM's latest Base Residual Auction for the 2028/2029 delivery year cleared at $325, signaling strong demand for reliable power capacity and a favorable pricing backdrop for generation owners.
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