The flagship beat
Data Centres & Power Demand
Load growth, interconnection queues, large-load tariffs, behind-the-meter and co-located supply.
Updated 30 Jul · 17:29Rebuilt hourly1 stories
State of play
The grid can't keep up: how data centres became the power sector's defining problem. PJM Interconnection's 2028/2029 Base Residual Auction cleared at the FERC-mandated $325/MW-day cap on July 14, 2026, leaving a 6.8 GW reliability shortfall. The price signal has hit its ceiling; PJM is now managing scarcity through administrative tools.