Story perspectives
PJM Faces Backlash Over Soaring Electricity Prices
9/3/2025
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Story summary
- PJM Interconnection, which oversees the largest U.S. electricity grid, faces criticism for capacity prices reaching $329.17 per megawatt-day, affecting consumer bills.
- Increased electricity demand from data centers and project connection delays are driving price increases.
- Critics claim PJM's policies obstruct clean energy development, further raising costs for consumers.
