MORGANTOWN – PJM Interconnection – the regional power grid operator – is predicting a “significant growth in electricity ...
The price cap is a short term solution. Experts say getting more electric supply plugged into the grid is required to keep ...
PJM Interconnection, which controls the flow of electricity to a dozen states, planned to hike rates for consumers through ...
To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. The PJM Interconnection’s proposal to revise its must-offer and market seller offer cap, or MSOC ...
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 ...
(Reuters) - Pennsylvania Governor Josh Shapiro on Tuesday said he has reached an agreement with grid operator PJM Interconnection to settle his recent complaint about its power market rules and ...
BALTIMORE – Maryland Gov. Wes Moore joined Pennsylvania Gov. Josh Shapiro in calling on grid operator PJM Interconnection LLC to take action to prevent energy cost increases. In a letter sent ...
Gov. Wes Moore is calling on PJM Interconnection, the regional transmission operator responsible for Maryland’s power grid, to change its pricing model and power procurement rules to prevent ...
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