PJM Grid Operator Forecasts 106 Gigawatts New Power Needed in 10 Years

What was said

"Here's a little region in the US called the PJM, Pennsylvania, Jersey, Maryland. This is a forecast from the grid operator where they say that over the next 10 years, we're going to need 106 gigawatts of new power in the PJM, in just one little area of the US. Now, in 10 years, in geological time, that's like tomorrow morning, right?"

Daniel Dreyfuss cited official PJM grid operator projections showing the Pennsylvania-Jersey-Maryland region alone requires 106 gigawatts of new power capacity within a decade—equivalent to Japan's total consumption. He argued this timeframe is impossibly short for infrastructure buildout, meaning planned coal retirements will be canceled and existing power assets will command premium pricing.