Households and businesses in the PJM Interconnection, the nation’s largest power market, will pay a record $16.4 billion to electricity generators to ensure power is available by mid-2027. The outcome ...
PJM’s Record-High Capacity Prices Spark Sector Reckoning as Market Signals, Policy Battles Intensify
Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new ...
It is (once again) a very good day to own power generation assets in PJM Interconnection. For system planners, policymakers and ratepayers, the latest news is more sobering. PJM on Dec. 17 announced ...
PJM Interconnection announces results of latest auction NJ, other states had advocated for new auction price cap to manage costs Utilities say NJ electric bills should rise just 1.5% to 5% Leaders ...
Image art by Paul Gerke via ChatGPT-4o. It’s another great day to own an electricity-generating facility in PJM Interconnection. It’s another rough one for most ratepayers. PJM has announced the ...
PJM Interconnection, the electric grid operator for 13 Mid-Atlantic and Midwest states and the District of Columbia, announced its capacity price on Tuesday for the upcoming service year at $329.17 ...
VALLEY FORGE, Pa., July 22, 2025 /PRNewswire/ -- PJM Interconnection today announced the results of its 2026/2027 Base Residual Auction (BRA), which secured 134,311 MW of unforced capacity generation ...
EAGLEVILLE, PA — PJM Interconnection’s wholesale electric energy market produced competitive results in the first half of 2025 despite significant price increases, according to the 2025 Quarterly ...
The operator of the nation’s largest electric grid will pay about $16 billion to secure power supply between June 2026 and May 2027, in hopes of serving rising data center energy demand and averting ...
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PJM exit: A price solution or power move?
(The Center Square) – Surging electricity demand, an aging grid, and generation sources retiring faster than new ones can be built have become some of the nation’s most pressing challenges. Although ...
Skyrocketing electricity prices this summer may just be the start of something big for the 65 million residents relying on PJM Interconnection, the largest power grid operator in the United States.
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