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The Trump administration will likely seize on the auction results to justify keeping thermal power plants, namely coal, in PJM from retiring, according to analysts with Capstone.
PJM Interconnection's 2026/2027 base residual auction fetched the FERC-mandated price cap in all zones, $329.17/MW-day.
PJM's latest auction raised capacity prices again, but NJ utilities say impact on electric bills will be smaller than last year’s increase.
The auction, meant to ensure sufficient power supply in the future, closed at a record price for the second year in a row.
As renewable electricity projects wait in line, PJM’s latest capacity auction clears at the maximum price allowed—passing ...
The rise in wholesale electricity prices will likely get passed on to the grid operator’s 67 million customers.
PJM Interconnection today announced the results of its 2026/2027 Base Residual Auction (BRA), which secured 134,311 MW of ...
The bipartisan coalition of state leaders want more say in filling two empty board seats as they struggle with growing energy ...
Prices out of the biggest U.S. power auction, held by grid operator PJM Interconnection, cleared at $329.17 a megawatt-day, ...
Electricity prices could increase by another 5% under the latest auction held Tuesday by PJM Interconnection, the regional ...
Constellation Energy (NASDAQ:CEG) stock rose 4.6% and Vistra Corp (NYSE:VST) stock gained 6% after-hours Tuesday after PJM Interconnection announced the results of its capacity auction for the ...
Consumers in a 13-state region that includes Maryland could see their electric bills rise another 1.5% to 5% starting in the summer of 2026, after a key electricity auction cleared at its maximum ...
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