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.
As discussions around the recent PJM capacity auction results continue, it’s vital to recognize what these outcomes truly signal: the competitive market is functioning effectively, responding to ...
PJM Interconnection’s 2027/2028 Base Residual Auction, conducted in December 2025, secured 134,479 megawatts of unforced capacity from generation and demand response resources to meet projected needs ...
Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that ...
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 ...
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 ...
Ohioans can expect their electric bills to keep going up. Last year’s auction to ensure the grid operator serving Ohio could meet demand saw capacity prices shoot up more than 830%. In the most recent ...
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 ...
On Friday, the Federal Energy Regulatory Commission granted PJM Interconnection’s request for a waiver of section 5.4(a) of Attachment DD to its Open Access Transmission Tariff, delaying the ...
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 ...