PJM Interconnection, which manages the electric grid for 13 states and Washington, D.C., successfully held an auction to line up electricity for the 2026-2027 year, securing enough resources to power ...

The CoreWeave facility, geared toward the expansion of artificial intelligence, could create approximately 600 construction jobs, according to Turner.

If you live in Jersey City or Hoboken, your summer electric bill is about to get even uglier. Thanks to the latest results from PJM Interconnection’s annual capacity auction, New Jersey ...

Lieutenant Governor Austin Davis is encouraging companies to find out if they qualify for Pennsylvania’s two new business ...

Regional electric grid operator PJM Interconnection’s capacity auction on Tuesday showed an incredible cost jump, breaking ...

Electric bills in Pennsylvania could climb as much as 5% as rising rates paid to power plants trickle down the system. That’s ...

The capacity price announced Tuesday evening for the upcoming service year was $329.17 per megawatt-day, a new record high.

Last year’s electricity capacity auction covering supply for New Jersey and 12 other states saw a record total capacity price and led to double-digit increases in customers’ bills beginning this June.

Regulators have approved a plan to protect against data centers that may contract for lots of electricity and then skip town.

Gov. Josh Shapiro joined a bipartisan group of leaders in nine states who called for more input on electricity grid operator ...

The spike in the wholesale cost of electricity, paired with increased energy usage, added $67.28 month-over-month to the ...

The auction, meant to ensure sufficient power supply in the future, closed at a record price for the second year in a row.