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POWER Magazineabout 1 month ago

PJM Dials Back Near-Term Load Outlook but Maintains Steep Long-Term Growth Trajectory

Key Takeaway

While PJM's near-term load outlook has softened slightly, the confirmed steep long-term growth, especially from data centers, underscores a critical need for sustained generation and transmission investment.

AI Summary

  • PJM has reduced its near-term peak-demand forecast due to stricter vetting of large-load requests and updated EV/economic assumptions.
  • Despite near-term adjustments, PJM reiterates strong long-term load growth projections, primarily driven by data centers and broader electrification.
  • This signals potential near-term easing of capacity pressure but confirms significant long-term investment opportunities and challenges for new generation and transmission development.

Topics

capacity-marketdatacenterpjmpolicytransmission

Article Content

PJM Interconnection has trimmed its near-term peak-demand projections in its updated 20-year load forecast, citing tighter vetting of large-load adjustment requests and revised electric-vehicle (EV) and economic assumptions. The grid operator, however, reaffirmed expectations for significant long-term growth driven by data centers and broader electrification. In its 2026 Long-Term Load Forecast, issued on Jan. 14, PJM […] The post PJM Dials Back Near-Term Load Outlook but Maintains Steep Long-Term Growth Trajectory appeared first on POWER Magazine .