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Energy Cost Savings Agreement

Sector: Power Generation (CCGT) • Location: Pennsylvania, United States

Source: Environment+Energy Leader

Project
Awarded

Governor Shapiro has secured a landmark agreement with PJM Interconnection to prevent a $21 billion increase in energy costs for consumers across 13 states. This agreement follows a lawsuit challenging flaws in PJM's capacity auction design, which would have led to significant price hikes in electricity.

Status
Closed
Sector
Power Generation (CCGT), Government
Location
Pennsylvania, United States of America
Updated
22 Jul 2026
Source
Environment+Energy Leader

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The project “Energy Cost Savings Agreement” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Pennsylvania, United States. Taiyo aggregates data on it from Environment+Energy Leader.

Participants

Sponsoring Agency

Status

Original status

Awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Governor Shapiro has secured a landmark agreement with PJM Interconnection to prevent a $21 billion increase in energy costs for consumers across 13 states. This agreement follows a lawsuit challenging flaws in PJM's capacity auction design, which would have led to significant price hikes in electricity.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

Pennsylvania

Source

Source

Environment+Energy Leader

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Government

Article published date

2025-02-14

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