Utility Dive•3 months ago
PJM market monitor opposes Maryland power plant sale to data center company
- •TeraWulf, a data center company, is attempting to acquire a power plant from GenOn in the PJM market.
- •PJM's market monitor is opposing this sale at FERC, indicating potential regulatory hurdles for large loads seeking to own generation assets.
- •This acquisition attempt aligns with a broader trend where hyperscale data centers are pledging to develop their own generation, as discussed at a White House meeting.
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