* PJM Interconnection LLC cut its peak demand forecast for the summer of 2027 to about 160 gigawatts, down from a previous outlook of about 164 gigawatts.
* The downward revision was made because some projects, including data centers, don't yet have firm electric service or construction commitments.
* PJM still expects strong electricity growth of 17% by 2030, driven by data centers, and peak demand in the summer of 2028 is seen surpassing the record set in the summer of 2006.
Takeaways:
* PJM Interconnection LLC cut its peak demand forecast for the summer of 2027 to about 160 gigawatts, down from a previous outlook of about 164 gigawatts.
* The downward revision was made because some projects, including data centers, don't yet have firm electric service or construction commitments.
* PJM still expects strong electricity growth of 17% by 2030, driven by data centers, and peak demand in the summer of 2028 is seen surpassing the record set in the summer of 2006.