PJM Capacity Auction – update 2025 – 2026 The 2025/26 PJM Capacity Auction resulted in a historic surge in capacity prices, signaling significant implications for commercial electricity rates across the PJM Interconnection region, which includes 13 States. Record-Breaking Price Increase Clearing Price Surge: The auction’s clearing price escalated to $269.92 per megawatt-day, a…
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The PJM Capacity Auction is a critical mechanism used by PJM Interconnection, the regional transmission organization overseeing the electric grid across 13 states and Washington, D.C., to ensure long-term grid reliability. This auction secures commitments from electricity generators to be available to meet future demand, with costs passed on to consumers. Impact on Business Energy…
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PJM Capacity Auction 2025-2026: What It Means for Electricity Rates On July 30, 2024, PJM Interconnection, the Regional Transmission Organization managing the electric grid across 13 states, announced the results of its latest Base Residual Auction (BRA) for the 2025-2026 delivery year. This auction determines capacity prices, which power providers pay to ensure a reliable…
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