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Grid operator PJM juggles reforms as power auction results hit price cap again artwork
News & Politics

Grid operator PJM juggles reforms as power auction results hit price cap again

Platts Future Energy by S&P Global Commodity Insights

Aug 4, 202633:05News & Politics

On July 14, grid operator PJM released the results of its latest capacity market auction for the 2028-2029 delivery year. Prices hit the federally approved cap of $325/megawatt-day, but the amount of procured capacity ca...