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electric fleets

Coverage of electric fleets in the Nexus archive.

Earliest in view: Jul 21 · 11:30 UTCMost recent: Jul 21 · 11:30 UTC

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BUSINESSJul 21 · 11:30 UTCFORTUNE
What I keep hearing from Fortune 500 CEOs: ‘We have no idea what we’re actually paying for power’
Fortune 500 CEOs and CFOs report confusion and volatility in energy costs, with regional utility price changes impacting quarterly earnings. Commercial electricity prices have risen significantly, with PJM's wholesale grid costs jumping 54% in 2025, driven by aging infrastructure, surging demand from data centers and electric fleets, and unpredictable capacity market pricing.