The majority of data center-driven load growth within the PJM market is concentrated in the PJM South region.

The Data Center Coalition has proposed that any load curtailment for data centers during grid stress events should be voluntary rather than mandatory.

Bloomberg NEF forecasts that PJM's electricity reserve margins will remain low in the future.

PJM has implemented a price cap on its capacity market for the next two years, signaling an expectation of continued high prices.

Within the PJM market, only Maryland, Delaware, and New Jersey participate in a carbon market, all of which are in the PJM East region.

Bloomberg NEF modeling shows that expediting new power supply is the most effective lever for suppressing wholesale power prices in the PJM South and West regions.

PJM hosts the largest fleet of data centers in the world.

A shortage of gas turbines is a major constraint that can delay the construction of new natural gas power plants.

In a simulated polar vortex event in 2035, demand flexibility from 50% of data centers could lower PJM power prices by approximately 20%.

The most recent PJM capacity auction for the 2027-2028 delivery year cleared at a record price of approximately $333 per megawatt-day.

According to Bloomberg NEF analysis, demand flexibility from data centers does not significantly reduce average annual or monthly wholesale power prices in PJM.