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Data centers drove roughly 40% of PJM’s latest capacity auction costs, with billions tied to facilities not yet built but ...
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.
NEW YORK, Sept 30 (Reuters) - U.S. state utility regulators and environmental groups are contesting the process grid operator PJM Interconnection used to determine the record high capacity payments it ...
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 ...
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 ...
VALLEY FORGE, PA — PJM Interconnection has cleared 134,311 megawatts (MW) of unforced capacity (UCAP) in its latest Base Residual Auction (BRA) for the 2026/2027 Delivery Year, meeting reliability ...
The PJM Interconnection capacity auction for 2025-26 saw an unprecedented 800% increase in prices, largely driven by the growing demand from AI data centers. Two key zones within the PJM grid failed ...
Feb. 2—MORGANTOWN — PJM Interconnection — the regional power grid operator — is predicting a "significant growth in electricity demand " over the next 20 years. PJM estimates the peak summer demand ...