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Story perspectives

Capacity Prices Soar 833% Amid Data Center Demand

2/21/2026

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Story summary
  • In the PJM region, capacity prices surged 833% due to data center demand, with a 22% increase expected.
  • AES Ohio does not generate electricity but evaluates data center service requests through a process that often requires transmission investments and can offset costs for others.
  • A statement signed by state governors aims to extend price caps for customers and support data center capacity, potentially saving consumers $27 billion over two years.