Maryland Gov. Wes Moore calls on PJM Interconnection to change power procurement rules, joining other government officials to prevent higher bills.
Pennsylvania and the region’s electrical grid operator PJM Interconnection have reached an agreement that Gov. Josh Shapiro’s office said Tuesday will protect consumers against steep increases in their power bills.
Maryland Gov. Wes Moore joined Pennsylvania Gov. Josh Shapiro in calling on grid operator PJM Interconnection LLC to take action to prevent energy cost increases.
If approved, the agreement would settle a complaint by Pennsylvania Gov. Shapiro over the PJM Interconnection’s capacity auction price cap.
Calpine said it will sell four power plants in the PJM Interconnection totaling 3,546 MW in an effort to allay concerns that Constellation Energy's (NASDAQ:CEG) plan to buy the company could use its market power to affect power prices,
Christine Martin, president of PPL Electric Utilities, is calling for significant reforms to Pennsylvania’s energy laws to address an impending energy crisis brought on by surging electricity demand and the retirement of power plants.
The organization that oversees the region’s electrical grid has agreed to a new cap on certain power price hikes, following a threat from Pennsylvania Gov. Josh Shapiro to consider pulling out of the system.
Governor Josh Shapiro reached an agreement with PJM on a plan to save consumers over $21 billion more than the next two years.
Josh Shapiro announced Tuesday that he has reached an agreement with PJM Interconnection on a plan to resolve his recent lawsuit. Shapiro said that plan would save consumers over $21 billion over the next two years.
Independent infrastructure manager Ancala has formed short line rail specialist Phoenix Rail and has acquired Lehigh Valley Rail Management, which owns and operates short line rail and intermodal terminal infrastructure across Pennsylvania.
A new deal could dampen the shock of anticipated price spikes from rising energy costs. On Tuesday, Pennsylvania Gov. Josh Shapiro said PJM will support a