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 ...

VALLEY FORGE, PA — PJM Interconnection’s latest capacity auction delivered a stark signal about the tightening balance between electricity supply and demand across much of the eastern United States, ...

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 and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to ...

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.

Data centers drove roughly 40% of PJM’s latest capacity auction costs. Uncertain data center load forecasts have distorted capacity markets, contributing to record prices, supply shortfalls, and ...

As state governors across the PJM grid region “have expressed alarm over capacity prices” that drive up electric bills, retail choice models that can quickly deploy thousands of distributed batteries ...

A settlement between PJM Interconnection, the regional grid operator, and the state of Pennsylvania will temporarily cap soaring electricity costs for 65 million consumers across the Mid-Atlantic and ...

Feb 12 (Reuters) - Grid operator PJM Interconnection has agreed to extend a price cap on its capacity auctions for another two years following legal action by the state, Pennsylvania Governor Josh ...