Capacity Pricing On PJM Grid Falls
Capacity prices in most of the grid operator PJM’s territory fell to a 10-year low amid a surge in power generation.
Electricity Rates Projected to Double From Last Summer!
The EIA has forecast that electricity prices in the Northeast regions (ISO New England, New York ISO, and PJM markets) will exceed $100 per megawatt-hour (MWh) between June and August 2022. Read More >> Complete Details
More, More, More Power Lines!
The U.S. Energy Department seeks an unprecedented expansion of high-voltage electricity lines to carry clean power by prioritizing shovel-ready projects and seeking state support for interregional connections.
Ohio: From the PUCO Newsroom
What’s causing prices to rise and what can you do to ease the effects on your bill?
Ohio Energy News: 270,000+ Cut Offs During Pandemic
Seven gas and electric companies cut off 270,000 Ohioans amid the pandemic and still saw billions in profit
Electricity Companies: John Oliver’s Deep Dive Into the Power
HBO’s Last Week Tonight with John Oliver discussed the incredible amount of power we give electric utility companies, how weakly regulated they are, and more! https://loom.ly/B-dVCQA
Power prices jumped 51% in PJM, and 85% in New England in Q1 due to rising gas prices.
Electricity prices jumped 51%, to $80.28/MWh, in the first quarter of 2022 from $53.30/MWh in that period a year ago in the PJM Interconnection wholesale market, partly driven by an increase in natural gas prices, the grid operator’s market monitor said in a reportreleased Thursday. In New England, wholesale power costs soared 83%, to $137/MWh, in…
PJM releases road map for creating ‘grid of the future’ to handle coming renewables, storage wave
PJM Interconnection unveils its plan to handle the retirement of fossil fuel plants, the expansion of offshore wind and other clean energy, and vehicle and building electrification.
15% Increase in Electric Rates Predicted in New England
The U.S. is on track to see electricity prices rise this summer, with New England likely to see increases as much as 15% due to high natural gas costs.
