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 ...

The organization that oversees the region’s electrical grid has agreed to a new cap on certain power price hikes, following a ...

(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 ...

Legislative leaders said Monday that they will introduce a package of bills designed to produce more energy in-state and ...

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 ...

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 ...

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 ...