Households and businesses in the PJM Interconnection, the nation’s largest power market, will pay a record $16.4 billion to electricity generators to ensure power is available by mid-2027. The outcome ...
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.
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 ...
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