Power Supply Concerns Remain Across PJM Region A recent capacity auction conducted by PJM, the grid operator for 67 million people across 13 states and Washington, D.C., indicates ongoing challenges related to power supply. The findings suggest that electricity rates could increase as demand outpaces available generation. The annual auction secures electricity supply to meet

PJM Interconnection Proposes Backstop Capacity Auction and Data Center Curtailment Plans The PJM Interconnection’s board has proposed holding a one-time backstop capacity auction beginning in September to address a shortfall of 6.8 gigawatts from its most recent capacity auction for the delivery year starting in mid-2028. A separate proposal outlines plans to curtail new data

PJM Interconnection stakeholders have authorized a plan to address potential power supply shortages and support data center needs within the grid operator's territory. The approval, granted on June 30, 2026, establishes a two-part reliability backstop procurement strategy designed to mitigate an anticipated power deficit approximately two years from now. Under this framework, electricity suppliers may

PJM Capacity Auction Reaches Price Cap Amid Growing Reserve Shortfall The PJM Interconnection’s recent capacity auction for the 2028-2029 delivery year resulted in prices reaching a $325/MW-day cap across its service territory, the largest grid operator in the nation reported Tuesday. The auction secured approximately 525 MW of new resources but also revealed a shortfall

ISO-NE’s New CEO Addresses Grid Operations and Market Changes Vamsi Chadalavada, the recently appointed Chief Executive Officer of ISO-NE, has outlined plans for regional grid improvements and market adjustments following a challenging period managing winter operations, including Winter Storm Fern. Shortly after taking office, Chadalavada focused on issues surrounding the Capacity Auction Reforms (CAR) and

Power project developers are increasingly securing financing through direct agreements with data centers as recent capacity payment increases have failed to stimulate investment in new power generation. PJM’s July auction for the 2028/29 delivery year fell short by 6.8 GW of its target, reaching maximum price levels. This marks the second consecutive auction that has

PJM Interconnection has requested approval from the Federal Energy Regulatory Commission (FERC) for a new framework governing substantial electricity users, including data centers. The proposal aims to permit large facilities to begin operations before sufficient capacity is available to fully support their power needs. However, demand that lacks qualifying new capacity could face curtailments earlier

PJM Interconnection Submits Proposal for Reliability Backstop Procurement The PJM Interconnection has formally presented a proposal to the Federal Energy Regulatory Commission for a Reliability Backstop Procurement (RBP), slated to begin on September 30, 2026. This action follows an accelerated stakeholder process guided by correspondence from the PJM Board of Managers dated January 16 and

PJM Interconnection plans to create a mandatory registry for large energy users and will hold an additional capacity auction in response to identified shortfalls. The grid operator, managing power delivery across thirteen states, faces increasing pressure from state governments and the Federal Energy Regulatory Commission regarding its ability to handle rising electricity demand. A shortfall

A recent power capacity auction conducted by PJM Interconnection, LLC, the largest electricity transmission grid in the nation, has revealed potential challenges for peak electric demand within its service area, which includes West Virginia. The auction, intended to secure power resources for 2028, again encountered price caps triggered after a lawsuit filed by Pennsylvania’s Gov.

PJM Capacity Auction Reveals Significant Reliability Deficit VALLEY FORGE, PA — The PJM Interconnection has announced that it did not secure adequate power resources for the 2028-29 delivery year, resulting in a shortfall of 6,831 megawatts relative to its reliability target. This occurred despite capacity prices reaching the maximum price established by federal regulators at

PJM Interconnection is preparing for another difficult week managing the electrical grid following record-breaking energy demand earlier this month. Data indicates PJM reached an all-time peak load of 168,158 megawatts on July 2, exceeding the previous record of 165,563 MW set in 2006. PJM oversees the electric grid for thirteen states including Pennsylvania and New

The PJM Interconnection’s plan to revise its Surplus Interconnection Service rules could free up 26 GW for a July capacity auction, clean energy trade groups said Monday.

PJM Interconnection to Begin Annual Capacity Auction June 30 The PJM Interconnection will launch its annual capacity auction on June 30, covering the delivery year starting in June 2028. Adam Keech, Senior Vice President of Market Services at PJM, has noted a shift from industry specialist focus to broader attention from policymakers and consumers regarding

PJM Market Monitor Opposes Waivers for Constellation’s Nuclear Restart The PJM Interconnection’s market monitor has filed opposition to Constellation Energy’s request for waivers that are needed to fully deliver power from the Crane power plant—formerly Three Mile Island Unit 1—next year. The filing occurred on April 21, 2026. Constellation Energy is seeking waivers from PJM’s

PJM Interconnection proposes a new Reliability Backstop Procurement (RBP) designed to help large electricity consumers secure new generation resources. The plan involves a two-phase approach, beginning with facilitated bilateral contracting and followed by a centralized capacity auction. The initial phase, starting in September, will act as a matchmaking service, connecting electricity consumers seeking resources with

PJM, the power grid serving 67 million people across 13 states, is considering an unprecedented “emergency” auction to secure power generation capacity. The move comes as escalating demand, particularly from data centers, has driven prices to record highs and created a significant shortfall in the capacity needed to maintain system reliability. In January, White House

A report released Thursday by the independent market monitor of PJM Interconnection highlighted the significant impact of data center growth on electricity costs and questioned current mitigation strategies. PJM Interconnection serves 13 states from the Jersey Shore to Chicago. The report stated that data center load growth is the primary factor behind recent and anticipated

Pennsylvania’s electric grid operator has announced plans to limit certain costs for the subsequent two years, a move in response to concerns raised by Governor Josh Shapiro. PJM Interconnection, responsible for managing the electric grid spanning thirteen states and the District of Columbia, secures power generation commitments through capacity auctions. These auctions, designed to ensure

Delaware officials are seeking measures to control rising electricity costs for residents. Prices in the PJM capacity auction, which oversees electricity grid management for Delaware and several other states, have increased over 1,000 percent in the last two years. The Base Residual Auction, used by PJM to ensure sufficient electricity generation, has seen escalating costs.

PJM Interconnection will extend a price cap on its capacity auctions for two years, Pennsylvania Governor Josh Shapiro announced Thursday. The agreement follows legal action initiated by the state and is anticipated to produce around $27 billion in savings for approximately 67 million people, bringing the total savings for PJM customers to roughly $45 billion.

Federal regulators have denied a request from American Electric Power, the parent company of Kentucky Power, to sell capacity in an upcoming auction managed by the PJM Interconnection. The Federal Energy Regulatory Commission (FERC) rejected the waiver petition from AEP utilities, which sought permission to sell up to 750 MW in the upcoming incremental capacity

The Independent Electricity System Operator recently concluded its November auction, resulting in a capacity reduction of less than 100 megawatts. This outcome represents the first application of the Performance Adjustment Factor across both summer and winter seasons. The Performance Adjustment Factor was introduced to evaluate generator performance. Brookfield Renewable Energy Partners is among the entities