In Chicago's working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides. The rarely-used eight-unit Fisk power plant owned by Houston-based NRG Energy was scheduled to retire next year. Prices shot up in ‍the country's biggest power market - PJM Interconnection - as electricity requests from data centers exceeded existing supplies, sounding the alarm over power shortfalls, and making Fisk and other plants like it suddenly profitable. All about ETCIO industry right on your smartphone! Download the ETCIO App and get the Realtime updates and Save your favourite articles.

Source: Economic Times December 23, 2025 18:43 UTC