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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 ...
The head of the regional grid operator that serves the Garden State will leave his post. PJM Interconnection announced April 14 that President and CEO Manu Asthana will step down at the end of 2025.
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 ...
With its members raking in billions of dollars from PJM’s contrived market rules, it should come as no surprise that the Electric Power Supply Association (EPSA), in an opinion piece this month in The ...
As the energy crisis continues to grip the state and region, leaders continue to take action. The governors within the 13-state PJM Interconnection region announced they will join together to host a ...
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 ...
This summer has brought the full effects of heat, humidity, heat advisories, air quality alerts and growing fears of power outages. To make matters worse, June began with the announcement that our ...
The mid-Atlantic grid operator says its speedier process for bringing more power onto its system will expand renewable energy. Is it too late? Second in an occasional series on PJM. Read the first ...
A powerful heat wave stretching across much of the Eastern and Central U.S. is driving electricity demand to levels not seen in over a decade, prompting PJM Interconnection to declare an energy ...
AKRON, Ohio, Dec. 24, 2022 /PRNewswire/ -- Due to the continuing frigid weather impacting FirstEnergy's service territory along with much of the country, PJM Interconnection, the electric grid ...
Political blowback and internal divisions over electricity prices and supply shortages are roiling the transmission market that serves 67 million Americans. Companies operating in the embattled ...
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