Organized by PJM Interconnection, the capacity auction covers 20% of American consumers and aims to ensure that there is enough generation to respond to spikes in demand, averting blackouts. At this ...

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, 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 ...

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 ...

TRENTON — Senate Republican Leader Anthony M. Bucco criticized New Jersey's energy policies on Tuesday following the release ...