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.
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 ...
(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 ...
Gov. Josh Shapiro went to a legal aid office in Harrisburg on Wednesday to hail his agreement with PJM Interconnection that resolved a recent lawsuit against that agency. At Mid-Penn Legal ...
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.” ...
The settlement, announced by Shapiro’s office Tuesday, comes less than a month after the Pennsylvania governor filed a complaint before federal utility regulators calling on PJM Interconnection, ...
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