A weekly update on the latest “no-fluff” insight and analysis of the energy industry.
PJM covers all or parts of 13 U.S. states and the District of Columbia: Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia.
PJM impacts energy prices through its management of the wholesale electricity markets and capacity auctions. The recent capacity auction for the 2025-2026 delivery year resulted in a significant increase in capacity prices, driven by power plant retirements and load growth.
PJM’s interconnection process involves several steps to ensure new power generation and transmission projects can be safely and reliably connected to the grid. The process includes submitting an interconnection request, undergoing a series of impact studies and meeting specific technical and financial requirements.
PJM impacts energy prices through its management of wholesale electricity markets and capacity auctions. The recent capacity auction for the 2025-2026 delivery year resulted in a significant increase in capacity prices, driven by power plant retirements and load growth.
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