Market problems, poor planning causing price hikes in nation’s largest electric market, critics say
August 20, 2024
After years of climbing electric prices nationwide, customers in the United States’ largest power market are about to get squeezed harder.
Last month, PJM, which coordinates the flow of electricity for an area that includes all or parts of 13 states stretching from the Midwest to New Jersey plus the District of Columbia, released capacity auction results that hit a record high.
