Jan 28, 2025 · Harrisburg, PA – Today, Governor Josh Shapiro announced he has reached an agreement with PJM Interconnection on a plan to resolve his recent lawsuit and to save consumers over $21 billion over the next two years. In ... The agreement will avoid historic price hikes on consumers across all 13 states PJM serves, including Pennsylvania.

5 days ago · Pennsylvania Gov. Josh Shapiro has reached an agreement with PJM Interconnection tied to PJM’s capacity auctions. In December, the state of Pennsylvania and Shapiro filed a complaint against the PJM Interconnection at the Federal Energy Regulatory Commission tied to PJM’s capacity auctions.. The complaint alleged that flaws in PJM’s capacity auction design threaten to impose significant ...

PJM, headquartered in Valley Forge, Pennsylvania, was the world's largest competitive wholesale electricity market until the development of the European Integrated Energy Market in the 2000s. [4] . More than 1,000 companies are members of PJM, which serves 65 million people and has 185 gigawatts of generating capacity.

Jan 28, 2025 · Pennsylvania and the region’s electrical grid operator PJM Interconnection have reached an agreement that Gov. Josh Shapiro’s office said Tuesday will protect consumers against steep increases in their power bills. PJM Interconnection, which operates the long-distance electric power distribution network in all or parts of 13 states ...

6 days ago · What Pennsylvania voters say about the environment. ... PJM Interconnection, the company that manages the electricity grid in 13 states, had proposed a new rate structure that Shapiro said would cost electric consumers $21 billion through 2028 — or a few hundred dollars more per household each year.

Jan 29, 2025 · 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 ...

Jan 30, 2025 · Pennsylvania Gov. Josh Shapiro said he worked with PJM to lower the capacity auction price cap – from over $500/MW-day to $325/MW-day. ... PJM’s interconnection process was going so poorly it ...

Harrisburg, PA – Today, the Shapiro Administration took action to save consumers over $20 billion over the next two years, standing up to defend Pennsylvanians against unnecessary increases in their electricity bills.Governor Josh Shapiro filed a complaint with the Federal Energy Regulatory Commission (FERC) against PJM Interconnection, criticizing flaws in PJM’s capacity auction design ...

Jan 28, 2025 · The settlement, announced by Shapiro’s office Tuesday, comes less than a month after the Pennsylvania governor filed a complaint before federal utility regulators calling on PJM Interconnection, operator of the regional power grid, to impose a lower price cap on …

Jan 29, 2025 · Pennsylvania Gov. Josh Shapiro on Tuesday announced he’s reached an agreement with the regional grid operator PJM Interconnection that he said will blunt the expected sharp rise in the cost of ...