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Key US Power Grid [PJM] Cuts Demand Outlook on Overstated AI Boom
- toomuchtodo 10mo agoTakeaways: * PJM Interconnection LLC cut its peak demand forecast for the summer of 2027 to about 160 gigawatts, down from a previous outlook of about 164 gigawatts. * The downward revision was made because some projects, including data centers, don't yet have firm electric service or construction commitments. * PJM still expects strong electricity growth of 17% by 2030, driven by data centers, and peak demand in the summer of 2028 is seen surpassing the record set in the summer of 2006.