PJM Interconnection, the electric grid operator for Pennsylvania, 12 other  Mid-Atlantic and Midwest states and the District ...

The capacity price announced Tuesday evening for the upcoming service year was $329.17 per megawatt-day, a new record high.

PJM Interconnection today announced the results of its 2026/2027 Base Residual Auction (BRA), which secured 134,311 MW of ...

PJM Interconnection's 2026/2027 base residual auction fetched the FERC-mandated price cap in all zones, $329.17/MW-day.

Last year’s electricity capacity auction covering supply for New Jersey and 12 other states saw a record total capacity price ...

The rise in wholesale electricity prices will likely get passed on to the grid operator’s 67 million customers.

Rep. Mikie Sherrill (D-N.J.) is publicly criticizing regional grid operator PJM Interconnection for New Jersey’s rising utility bills, ...

PJM's latest auction raised capacity prices again, but NJ utilities say impact on electric bills will be smaller than last year’s increase.

Businesses and households served by the largest U.S. power grid will spend a record $16.1 billion to ensure electricity ...

Prices out of the biggest U.S. power auction, held by grid operator PJM Interconnection, cleared at $329.17 a megawatt-day, ...

Skyrocketing electricity prices this summer may just be the start of something big for Pennsylvanians, who are among the 65 ...

The auction, meant to ensure sufficient power supply in the future, closed at a record price for the second year in a row.