PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap
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.
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PJM wholesale power prices just jumped 75.5% in one quarter — 67 million Americans on the eastern grid bracing for a 15% bill hike from AI data centers
Wholesale electricity prices on the largest power grid in the United States surged in a single quarter, and tens of millions ...
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 ...
NEW YORK, Aug 7 (Reuters) - Homes and businesses in the largest U.S. electric grid - operated by PJM Interconnection - could face rate increases of up to 60% over the next five years as the energy ...
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 ...
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 ...
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