Escalating costs across mid-Atlantic states are fueling concerns about the artificial intelligence boom's effect on energy affordability.

Capacity prices in the PJM Interconnection’s latest capacity auction hit a $333.44/MW-day price cap across its region, setting a record-high price for the third auction in a row, the grid operator ...

Power bills for about a fifth of Americans are expected to continue to rise after the largest U.S. grid operator, PJM Interconnection, reported fresh record-high capacity prices on Wednesday that ...

Booming data center growth and sluggish power plant construction are driving up electricity costs in the country’s biggest energy market. On Wednesday, PJM Interconnection announced the results of its ...

The latest PJM capacity auction cleared at the maximum allowed price—$333 per megawatt-day—and still came up short. Even at ...

On Tuesday, July 22, PJM Interconnection, a "Regional Transmission Organization," announced the results of an auction that determines the price for reserve power, or "capacity." Capacity costs are a ...

Rate-setting electricity auctions held this week and in July will add between $22 and $28 to average customer bills starting in June. (Amalie Hindash for New Jersey Monitor) The price of electricity ...

Constellation Energy's stock has pulled back despite positive fundamentals, including earnings estimate increases since February of 35% for 2023 and 55% for 2030. The PJM capacity market's ...

ILLINOIS (WTVO) — ComEd customers are expected to see a price increase in electricity rates next summer, according to the Citizens Utility Board (CUB). The watchdog group said a record price spike at ...

ComEd customers in Illinois will start to see higher rates on their bills this month, the utility said, as part of a “capacity charge increase.” Beginning in June, the average monthly residential ...

The introduction of a price collar in PJM capacity auctions flattens future price curves, impacting Talen Energy's profitability timeline and free cash flow projections. With a price ceiling of ...

PJM Interconnection, the electric grid operator that serves customers in portions of the mid-Atlantic, South and Midwest, is under increasing pressure from state governors, advocates and consumer ...