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 ...

To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. The PJM Interconnection’s proposal to revise its must-offer and market seller offer cap, or MSOC ...

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.

According to the agreement, PJM's upcoming capacity auction price ... sets track and trace rules for retail investors' algo trading 12:50 PM UTC The S&P 500 and the Nasdaq gained on Tuesday ...

BALTIMORE – Maryland Gov. Wes Moore joined Pennsylvania Gov. Josh Shapiro in calling on grid operator PJM Interconnection LLC to take action to prevent energy cost increases. In a letter sent ...

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 ...

Pennsylvania Gov. Josh Shapiro (D) is warning regional electricity grid operator PJM that the state will consider leaving the organization if it doesn’t do more to protect consumers against ...

(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 ...