It doesn't even match what's in the article.
> "concluded that expected power demand from data centers was _a_ primary reason for $23 billion in customer price increases "
Also, it's weird that he describes PJM as "the organization that monitors the PJM market" when they describe themselves as "a regional transmission organization (RTO) that coordinates the movement of wholesale electricity" [0]. So are they monitors of the market or are they the market themselves?
I don't know... maybe I'm being picky, but the article just seems off. The whole bit about how data centers could maybe game the system by using less power during peak times also doesn't make sense - that's when they also have the highest demand. Pointing to cryptominers just makes me think he doesn't get what they do, which is basically arbitrage. Of course they stop when power costs go up, it eats up all of their profits and they can simply start back up when the costs go down.
Right, you can't point to a year where price increases didn't happen, so "a primary reason" becomes meaningless. It was going to happen for other reasons if it didn't happen for this one.