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 ...
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.
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’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 ...
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 ...
The grid operator responsible for keeping the lights on across 13 states and Washington, D.C., is staring at a hole in its power supply that it cannot fill in time. PJM Interconnection, which ...
Lehigh Valley utilities are expecting consumer electricity bills to keep rising as the latest results of the regional grid operator’s capacity auction push supply costs higher. Increasing demand from ...
On February 10, 2026, the U.S. Court of Appeals for the District of Columbia Circuit (DC Circuit) upheld FERC’s order accepting revisions to the PJM Interconnection, L.L.C. (PJM) Open Access ...
On January 13, 2026, the United States Court of Appeals for the District of Columbia Circuit issued its decision in Maryland Office of People’s Counsel, et al. v. FERC, No. 24-1353, holding that the ...
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