A power auction conducted by a giant grid operator is expected to add $6.3 billion in additional charges to consumers and businesses because of electricity needs of data centers
PJM’s grid serves all or part of New Jersey, Pennsylvania, Delaware, Maryland, Virginia, West Virginia, North Carolina, Tennessee, Kentucky, Ohio, Indiana, Illinois and Michigan, as well as the District of Columbia.
Source: The New York Times
There are obvious climate concerns with this, but it’s also corporate welfare. The people are going to pay for what the AI companies should ve paying.