Largest US power grid warns of record demand and price spikes
The operator of the largest US power grid said it is bracing for record electricity demand, driven by data centres and heat, and warned of the risk of price spikes. It said capacity strains are likely to persist for years.
The operator of the largest US power grid said it is bracing for record electricity demand and warned of the risk of price spikes. Officials pointed to rapid load growth from artificial-intelligence data centres, alongside summer heat, as straining the system.
The operator said new generating capacity is coming online more slowly than demand is rising, which could drive volatility in wholesale electricity prices. The grid said it may at times ask consumers to conserve power to protect reliability.
Analysts say capacity strains are likely to persist for years and that infrastructure investment needs to accelerate. Higher electricity costs could weigh directly on household budgets as well as on energy-intensive industries.
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