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flag Senators urge FERC to curb rising electricity costs from AI and crypto-driven data center growth.

flag U.S. flag Senators Warnock and Markey, joined by five colleagues, are urging the Federal Energy Regulatory Commission to address rising electricity costs driven by data center expansion fueled by AI and crypto mining. flag They warn that energy demand from these sectors could triple in three years, with data centers expected to account for 90% of new power demand in the PJM region over the next five years. flag Utilities are spending billions on grid upgrades, passing costs to consumers through higher bills, with ratepayers facing over $71 billion in proposed increases nationwide. flag The senators urge FERC to reject unfair transmission filings, enforce regional cost-sharing, and ensure rates remain just and reasonable. flag In Georgia, where data center growth is rapid, rising energy costs and tax incentives have sparked public concern over affordability and environmental impact, with voters rejecting utility-friendly policies in a recent election.

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