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PJM Cranks Up Generators as Heat Dome Spikes Prices

7/3/2026

44 5 Full Breakdown

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PJM Boosts Output
  • PJM ordered generators to run at max output and activated idle plants Thursday evening.
  • Operating reserves fell to about 5 GW while market clearing prices surged to almost $28,000 per megawatt hour from $100.
  • PJM prepared demand-response resources and told dispatchers to notify management and consider conservation appeals.
  • The heat dome is expected to persist through the July 4 weekend, affecting the 67 million-person service area, including the world’s largest data-center hub.
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