Utility Dive•5 months ago
PJM trims near-term load forecast on stricter data center vetting, economic outlook
- •PJM has revised its near-term load growth forecast downwards, citing stricter vetting processes for data centers and a cautious economic outlook.
- •Despite the near-term reduction, PJM projects significantly higher long-term load growth than previously estimated, indicating a substantial future demand for power.
- •For large power consumers, particularly data centers, the 'stricter vetting' implies potential delays or increased scrutiny for new interconnections and capacity additions within PJM.
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