The agreement between the region’s grid operator, PJM Interconnection, and Pennsylvania should shield ratepayers from price ...
Pennsylvania Gov. Josh Shapiro said he worked with PJM to lower the capacity auction price cap – from over $500/MW-day to ...
PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap
At the heart of the issue is PJM’s July 2024 Base Residual Auction (BRA) for the 2025/2026 delivery year, which resulted in a nearly tenfold increase in clearing prices, surging from $28.92/MW ...
Pennsylvania Gov. Josh Shapiro has reached an agreement with PJM Interconnection over a lawsuit concerning potential “significant” electricity price increases in the 13-state territory.
Talen announced that it, PJM Interconnection, and a “broad coalition” of the Maryland Public Service Commission, Maryland customers, electric utilities and Sierra Club have agreed on the terms ...
The price cap is a short term solution. Experts say getting more electric supply plugged into the grid is required to keep ...
Pennsylvania Governor Josh Shapiro on Tuesday said he has reached an agreement with grid operator PJM Interconnection to ...
Josh Shapiro has pressed the Eastern grid operator for answers to high prices amid tighter electricity supplies. Pennsylvania Gov. Josh Shapiro and PJM Interconnection, the largest regional grid ...
Gov. Josh Shapiro announced Tuesday that he has reached an agreement with PJM Interconnection on a plan to resolve his recent lawsuit. Shapiro said that plan would save consumers over $21 billion ...
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