Some US Electricity Prices are Rising — But It’s Not Just Data Centers

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North Dakota experienced an almost 40% increase in electricity demand “thanks in part to an explosion of data centers,” reports the Washington Post. Yet the state saw a 1% drop in its per kilowatt-hour rates.

“A new study from researchers at Lawrence Berkeley National Laboratory and the consulting group Brattle suggests that, counterintuitively, more electricity demand can actually lower prices…”


Between 2019 and 2024, the researchers calculated, states with spikes in electricity…



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Some US Electricity Prices are Rising — But It’s Not Just Data Centers


North Dakota experienced an almost 40% increase in electricity demand “thanks in part to an explosion of data centers,” reports the Washington Post. Yet the state saw a 1% drop in its per kilowatt-hour rates.

“A new study from researchers at Lawrence Berkeley National Laboratory and the consulting group Brattle suggests that, counterintuitively, more electricity demand can actually lower prices…”


Between 2019 and 2024, the researchers calculated, states with spikes in electricity…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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