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

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

HARRISBURG, Pa. -- Governor Josh Shapiro says his settlement with PJM Interconnection has saved consumers billions of dollars. The settlement was negotiated in January and approved by the Federal ...

PJM Interconnection, which keeps the lights on for 13 states and DC, is raising its capacity prices to $329.17 per megawatt-day for 2026-27—a noticeable jump from last year's $269.92. The main reason?

PJM, the largest U.S. power grid operator, is facing unprecedented demand from data centers, and many leaders have raised ...

Businesses and households served by the largest US power grid that stretches from New York to Chicago will spend a record $16.1 billion.

As renewable electricity projects wait in line, PJM’s latest capacity auction clears at the maximum price allowed—passing ...

The spike in the wholesale cost of electricity, which ComEd buys at an annual auction and then passes through to its ...

Talen Energy surged after prices from the annual energy auction held by PJM Interconnection, the largest US power grid operator, rose 22% from last year's record-high levels.

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 power grid operator for 13 states including New Jersey.

ComEd electric customers stung by a recent price hike that led to soaring electric bills are unlikely to see any relief next ...