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.
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 ...
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 ...
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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