Pennsylvania Governor and PJM reach agreement over capacity payments
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 save consumers over $21 billion in energy costs over two years.
PJM, Pa. governor reach lawsuit agreement to prevent energy price hikes
Eastern grid operator PJM Interconnection LLC reached a preliminary agreement Tuesday with Pennsylvania Gov. Josh Shapiro to resolve a pending lawsuit to cap prices paid to electricity generators for future supply.
Deal reached to avoid ‘historic’ PJM electricity price hikes
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 a lawsuit with the Federal Energy Regulatory Commission (FERC) against PJM in December,
PJM agrees to lower price cap for upcoming capacity auctions
If approved, the agreement would settle a complaint by Pennsylvania Gov. Shapiro over the PJM Interconnection’s capacity auction price cap.
PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap
PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to $325/MW-day.
Shapiro reaches deal with PJM to limit electricity price hikes for Pennsylvania consumers
Pennsylvania Gov. Josh Shapiro on Tuesday announced he’s reached agreement with the regional grid operator PJM Interconnection that he said will blunt the expected sharp rise in the cost of electricity later this year.
Electric grid operator agrees to Shapiro demand on power price cap
The organization that oversees the region’s electrical grid has agreed to a new cap on certain power price hikes, following a threat from Pennsylvania Gov. Josh Shapiro to consider pulling out of the system.
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Shapiro administration announces settlement to prevent billions in extra electricity costs
Pennsylvania and the region’s electrical grid operator PJM Interconnection have reached an agreement that Gov. Josh Shapiro’s ...
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Moore calls on PJM to change power procurement rules, joining other government officials
Maryland Gov. Wes Moore calls on PJM Interconnection to change power procurement rules, joining other government officials to ...
Can this grid deal ease Maryland’s future rate hikes? Proponents say so.
Advocacy groups hope that recent proposals from the region’s electric grid operator will help restrain future rate hikes in Maryland.