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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 ...
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 ...
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 ...
A bipartisan group of governors sent a letter last week to PJM Interconnection amid the emergent energy crisis, which NJBIZ has reported extensively about. Along with New Jersey Gov. Phil Murphy, the ...
Critics argue approved proposal from Northeast grid operator PJM could fast-track natural gas plants
HARRISBURG, Pa. (AP) — The Federal Energy Regulatory Commission has approved a proposal from the operator of the congested mid-Atlantic power grid to head off the potential for power shortages but ...
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