(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 ...
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.
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 ...
The office of Pennsylvania Gov. Josh Shapiro has filed a lawsuit with the Federal Energy Regulatory Commission (FERC) against PJM Interconnection, claiming flaws in the grid operator’s capacity ...
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 save consumers ...
The FERC chair prides himself on bluntly assessing PJM, which serves 65 million Americans in the Great Lakes and mid-Atlantic regions. Its longer-term capacity market is “Rube Goldberg-esque.” ...
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