Regulators Attempt To Seize Private Power For Public Grid #
PJM Interconnection regulators are attempting to commandeer private capital to subsidize municipal decay. On Friday, the PJM independent market monitor urged the Federal Energy Regulatory Commission to intervene in MARA Holdings' $1.5 billion acquisition of the 522-megawatt Long Ridge power plant in Ohio. The regulator demanded that MARA pledge not to remove the plant's capacity from the public grid to serve its own data center load. This is the friction of thermodynamic capital realism. MARA, an artificial intelligence and digital…