Skip to content
The Nexus
BUSINESSJul 14 · 21:24 UTCPENNSYLVANIA CAPITAL-STARPeter Hall

PJM Interconnection electricity price hits cap again in latest auction

PJM Interconnection's electricity price for 2028 and 2029 reached the $325-per-megawatt-day cap set by the Shapiro administration. The auction fell 6,831 megawatts short of capacity goals, exacerbating concerns about grid reliability and rising consumer costs due to retiring plants and increased demand from data centers.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
PJM InterconnectionorganizationShapiro administrationorganizationTrump administrationorganizationNatural Resources Defense CouncilorganizationDavid MillspersonPatrick CiceropersonRobert RouthpersonThree Mile Island nuclear power plantplace
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting