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Stock impact report

Power prices surge as winter storm spikes demand in U.S. data center alley [CNBC]

Dominion Energy, Inc. (D) 
Last dominion energy, inc. earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: dominionenergy.com/investors
Company Research Source: CNBC
A massive winter storm is bringing frigid temperatures, ice, and snow to millions of Americans across the nation. Brett Carlsen | Getty Images News | Getty Images Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world's largest concentration of ?energy-hungry data centers surpassed forecasts during a deep freeze gripping half the country. Real-time wholesale electricity prices ?topped $1,800 per MWh early Sunday ?in Dominion Energy's ? Virginia territory, up from $200 per MWh on Saturday morning. Virginia houses the largest cluster of data centers in the world. Data centers, which are used to power things like artificial ?intelligence, have been responsible for rising power ?demand and prices in swaths of the country. The demand spike began late Saturday night, according to data from PJM Interconnection, the largest U.S. regional grid that serves 67 million people, as ?Winter Storm Fern swept across parts of the country. PJM predi Show less Read more
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