Citing ‘unsustainable stress’ from price volatility, grid operator PJM lays out reform options
PJM outlined three reform paths to curb volatility as its board warned that unsustainable stress could undermine reliability and deter new investment.
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4 Articles
Power grid operator PJM mulls market overhaul
NEW YORK — PJM Interconnection, the largest U.S. power grid operator, said Wednesday it is considering market changes that could reshape how electricity is bought and sold across its system, which faces the risk of shortages from data centers outstripping…
Citing ‘unsustainable stress’ from price volatility, grid operator PJM lays out reform options
PJM Interconnection, based in the Philadelphia suburbs near Valley Forge, has been under scrutiny as record electricity prices in its auctions contributed to skyrocketing bills for consumers and businesses in the last year.
The largest power grid in the United States faces unprecedented pressure from the boom of data centers and artificial intelligence. Its executive director warned that the current design is no longer sustainable and that the region has only a few years to act before energy shortages, household costs and investment leakage are aggravated. *** PJM Interconnection, which caters to 67 million people in 13 states, says its current structure can no lon…
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