FERC ratifies Shapiro agreement with PJM

Regulators approve Shapiro administration settlement to halt ‘runaway’ electricity prices

The Conowingo Dam in Maryland is a 550 megawatt hydroelectric generating station on the Susquehanna River operated by Constellation Energy that feeds the PJM Interconnection grid serving Pennsylvania and 13 other states. (Peter Hall/Capital-Star)Federal regulators approved limits on the maximum and minimum prices that electricity generators are paid to ensure an adequate energy supply as part of a settlement between Pennsylvania Gov. Josh Shapir…

FERC Advances SPP's Plans for Western Power Market

Southwest Power Pool, the not-for-profit electric grid overseer based in Little Rock, announced a significant milestone in its planning for a day-ahead and real-time wholesale energy market to serve entities in the Western Interconnection. The Federal Energy Regulatory Commission this week approved a phase two funding agreement and a mechanism for funding development of the market, known as Markets+. On April 18, the FERC also accepted SPP’s cla…

FERC ratifies Shapiro agreement with PJM

Shapiro says he's settled with PJM.

Feds OK settlement intended to limit potential electric cost hikes

HARRISBURG — Federal regulators approved a joint settlement between Gov. Josh Shapiro and PJM Interconnection, operator of the multi-state electric grid, averting an estimated $21 billion price increase on electric utility customers.

FERC OKs PJM Deal with Devil (Shapiro) for Higher Rates, Blackouts - Marcellus Drilling News

In January, MDN reported that the PJM Interconnection electrical grid operator, covering Pennsylvania (along with all or parts of 12 other states and the District of Columbia), had caved to the political demands of PA Gov. Josh Shapiro to artificially cap the prices of the next capacity auction scheduled for July 2025 (see PJM Grid...