PJM Electricity Price Agreement
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Source: Power Engineering Magazine
An agreement reached between Pennsylvania Governor Josh Shapiro and PJM Interconnection to lower the capacity auction price cap, preventing significant electricity price increases in the PJM territory. This deal is expected to save consumers over $21 billion over the next two years by reducing the price cap from over $500/MW-day to $325/MW-day.
- Status
- Closed
- Sector
- Power Generation (CCGT), Government
- Location
- Pennsylvania, United States of America
- Updated
- 22 Jul 2026
- Source
- Power Engineering Magazine
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Project Information
Participants
Sponsoring Agency |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | An agreement reached between Pennsylvania Governor Josh Shapiro and PJM Interconnection to lower the capacity auction price cap, preventing significant electricity price increases in the PJM territory. This deal is expected to save consumers over $21 billion over the next two years by reducing the price cap from over $500/MW-day to $325/MW-day. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Pennsylvania |
Source
Source | Power Engineering Magazine |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Government |
Article published date | 2025-02-10 |
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