Renewable Energy World1d
Deal reached to avoid ‘historic’ PJM electricity price hikes
Pennsylvania Gov. Josh Shapiro said he worked with PJM to lower the capacity auction price cap – from over $500/MW-day to ...
The Business Journals4d
Shapiro reaches deal with PJM to limit electricity price hikes for Pennsylvania consumers
STORY HIGHLIGHTS Gov. Josh Shapiro reaches agreement with PJM Interconnection to reduce electricity costs. PJM agrees to lower capacity auction price cap to $325 million/megawatt/day. Shapiro ...
E&E3d
Mark Christie’s FERC is tasked with fixing PJM
The FERC chair prides himself on bluntly assessing PJM, which serves 65 million Americans in the Great Lakes and mid-Atlantic regions. Its longer-term capacity market is “Rube Goldberg-esque.” ...
Billy Penn4d
Electric grid operator agrees to Shapiro demand on power price cap
The organization, PJM Interconnection, operates the grid in all or part of 13 states and Washington, D.C. “When PJM’s next auction was set to result in historic price hikes, I filed a lawsuit ...