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Gov. Josh Shapiro joined a bipartisan group of leaders in nine states who called for more input on electricity grid operator ...
The Trump administration will likely seize on the auction results to justify keeping thermal power plants, namely coal, in PJM from retiring, according to analysts with Capstone.
WMAR Baltimore, MD on MSN4h
Energy costs expected to rise for many, but BGE customers may see slight decreaseThe cost of energy is on the rise according to PJM's (Pennsylvania-New Jersey-Maryland Interconnection) capacity auction. The ...
The auction, meant to ensure sufficient power supply in the future, closed at a record price for the second year in a row.
PJM Interconnection's 2026/2027 base residual auction fetched the FERC-mandated price cap in all zones, $329.17/MW-day.
The latest electricity auction hit a new record high this month, the grid operator said. That means utility bills could climb, again, in 2026.
The bipartisan coalition of state leaders want more say in filling two empty board seats as they struggle with growing energy ...
The capacity price announced Tuesday evening for the upcoming service year was $329.17 per megawatt-day, a new record high.
PJM's latest auction raised capacity prices again, but NJ utilities say impact on electric bills will be smaller than last year’s increase.
The spike in the wholesale cost of electricity, paired with increased energy usage, added $67.28 month-over-month to the ...
The New Jersey League of Conservation Voters criticized the results of the latest PJM Interconnection capacity auction on ...
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