Five U.S. governors have demanded PJM Interconnection, the largest power grid operator in the U.S., revise its pricing system after its recent capacity auction delivered a staggering increase in power plant costsup nearly 10-fold from last year
Five U.S. governors have demanded PJM Interconnection, the largest power grid operator in the U.S., revise its pricing system after its recent capacity auction delivered a staggering increase in power plant costs—up nearly 10-fold from last year—but PJM says the green transition is to blame.
With data-hungry AI centers and extreme weather pushing demand through the roof, PJM’s latest auction outcome is just the beginning of what could be years of high prices and strained supply. Power company stocks are already enjoying the price hikes as they plan for fatter profits, but the PJM region’s residents are left holding the bill. A move by PJM to delay the 2026/27 auction by six months may give it time to respond to the complaint.
PJM Grid Grid Connection Power Prices
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