POWER Magazine56m
PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap
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 ...
Maryland Gov. Moore joins Pennsylvania in calling on grid operator PJM to lower energy prices
Maryland Gov. Wes Moore joined Pennsylvania Gov. Josh Shapiro in calling on grid operator PJM Interconnection LLC to take ...
The Herald-Mail5h
Moore calls on PJM to change power procurement rules, joining other government officials
Maryland Gov. Wes Moore calls on PJM Interconnection to change power procurement rules, joining other government officials to ...
penncapital-star21h
Shapiro administration announces settlement to prevent billions in extra electricity costs
Pennsylvania and the region’s electrical grid operator PJM Interconnection have reached an agreement that Gov. Josh Shapiro’s ...
PJM agrees to lower price cap for upcoming capacity auctions
If approved, the agreement would settle a complaint by Pennsylvania Gov. Shapiro over the PJM Interconnection’s capacity ...
Calpine plans to sell four power plants in PJM to avoid market power concerns from Constellation merger
Calpine said it will sell four power plants in the PJM Interconnection totaling 3,546 MW in an effort to allay concerns that Constellation Energy's (NASDAQ:CEG) plan to buy the company could use its ...
Lehigh Valley Business1d
Shapiro announces agreement with PJM to prevent unnecessary price hikes
Governor Josh Shapiro reached an agreement with PJM on a plan to save consumers over $21 billion more than the next two years ...
Billy Penn1d
Electric grid operator agrees to Shapiro demand on power price cap
The organization that oversees the region’s electrical grid has agreed to a new cap on certain power price hikes, following a ...
Escalating demand and diminished supply has spiked PUC concern about the future ability of state’s electric grid
Data centers, bitcoin operations, and electric vehicles are driving up demand for electricity as extreme weather conditions ...
Lehigh Valley Business3h
Lehigh Valley Rail Management acquired by infrastructure manager
Independent infrastructure manager Ancala has formed short line rail specialist Phoenix Rail and has acquired Lehigh Valley ...