I am not suggesting that data centers or any load growth for that matter have no impact on prices but rather challenging the idea than data centers are the primary/only reason certain regions have had price increases. Most of the shared links focus on PJM which imo has a flawed auction model that requires 3 year forecasts that nobody would expect to get correct. But it makes for sensational journalism because you can show pictures of data centers up against homes.

I have yet to see any strong research showing a correlation to data center growth and price increases. If you have any beyond a gut feeling I would love to read!