Data Centers Drive Electricity Prices to Record Highs in 13-State Region
PJM's electricity auction hits record $333.44/MW-day as data center demand outpaces supply, threatening higher bills for 65 million consumers across 13 states.
PJM's electricity auction hits record $333.44/MW-day as data center demand outpaces supply, threatening higher bills for 65 million consumers across 13 states.
Trump administration approves $1 billion loan for Constellation Energy to restart Three Mile Island's undamaged reactor, aiming to boost power supply for AI data centers and manufacturing.
Constellation Energy’s Q3 2025 profit missed Wall Street forecasts due to higher expenses. The U.S. nuclear power giant lowered its full-year earnings forecast and expects to announce another hyperscale deal "before the Q4 earnings call."
U.S. government partners with Westinghouse, Cameco, and Brookfield to build $80B in nuclear reactors, supporting AI growth and Trump's energy dominance agenda through 2030.
Trump's energy secretary proposes 60-day approval process for data center grid connections, down from years-long waits, to boost AI development and compete with China.
The US Army launched "Janus" to deploy small nuclear reactors for secure military power. Companies will build them. Stock prices varied.