Biggest US Power Sale Signals AI’s Cost to Consumers (Correct)

The biggest and most closely watched US power auction is set to offer an early glimpse of what the AI boom will cost consumers.

PJM Interconnection LLC, which operates the largest US grid and is home to the biggest concentration of data centers in the world, is scheduled to release the results of its annual power sale Tuesday. The auction, which determines how much generators will get paid for generating capacity at new and existing power plants, is also an indicator of how high consumer utility bills will be.

Last year PJM procured supplies for a record $14.7 billion, ...