At the heart of the issue is PJM’s July 2024 Base Residual Auction (BRA) for the 2025/2026 delivery year, which resulted in a nearly tenfold increase in clearing prices, surging from $28.92/MW ...

Pennsylvania Gov. Josh Shapiro has reached an agreement with PJM Interconnection over a lawsuit concerning potential “significant” electricity price increases in the 13-state territory.

(Reuters) - Pennsylvania Governor Josh Shapiro on Tuesday said he has reached an agreement with grid operator PJM Interconnection to settle his recent complaint about its power market rules and ...

Pennsylvania Gov. Josh Shapiro has reached an agreement with PJM Interconnection over a lawsuit concerning potential “significant” electricity price increases in the 13-state territory. Shapiro filed ...

Pennsylvania and the region’s electrical grid operator PJM Interconnection have reached an agreement that Gov. Josh Shapiro’s office said Tuesday will protect consumers against steep increases ...

BALTIMORE – Maryland Gov. Wes Moore joined Pennsylvania Gov. Josh Shapiro in calling on grid operator PJM Interconnection LLC to take action to prevent energy cost increases. In a letter sent ...

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Josh Shapiro has pressed the Eastern grid operator for answers to high prices amid tighter electricity supplies. Pennsylvania Gov. Josh Shapiro and PJM Interconnection, the largest regional grid ...

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 ...

Gov. Josh Shapiro went to a legal aid office in Harrisburg on Wednesday to hail his agreement with PJM Interconnection that resolved a recent lawsuit against that agency. At Mid-Penn Legal ...

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.” ...