The White House and a bipartisan group of governors joined forces Friday to call on the nation’s largest regional grid operator, PJM Interconnection, to hold an emergency power auction for tech companies – seeking to quell concerns about rising costs associated with data centers.
Energy Secretary Chris Wright, Interior Secretary Doug Burgum and a group of 13 governors unveiled the proposed principles, suggesting PJM hold the auction to allow tech companies to bid on 15-year contracts for electricity from new power plants at a capped cost.
