Josh Shapiro, PJM Interconnection
Pennsylvania Gov. Josh Shapiro said he worked with PJM to lower the capacity auction price cap – from over $500/MW-day to $325/MW-day.
Eastern grid operator PJM Interconnection LLC reached a preliminary agreement Tuesday with Pennsylvania Gov. Josh Shapiro to resolve a pending lawsuit to cap prices paid to electricity generators for future supply.
Governor Josh Shapiro has reached an agreement with PJM Interconnection after filing a lawsuit over its capacity auction design that could have imposed new price increases. Both parties resolved that lawsuit to reduce their price cap for the next two years.
PJM Interconnection, which controls the flow of electricity to a dozen states, planned to hike rates for consumers through 2028. Shapiro joined the governors of Maryland, Delaware and New Jersey to file a federal complaint Dec.
Pennsylvania and the region’s electrical grid operator PJM Interconnection have reached an agreement that Gov. Josh Shapiro’s office said Tuesday will protect consumers against steep increases in their power bills.
Shapiro touts his PJM agreement to a gathering in Harrisburg; criticism continues from Pittman, Commonwealth Foundation.
Pennsylvania Governor Josh Shapiro on Tuesday said he has reached an agreement with grid operator PJM Interconnection to settle his recent complaint about its power market rules and save consumers over $21 billion in energy costs over two years.
Josh Shapiro has pressed the Eastern grid operator for answers to high prices amid tighter electricity supplies.
Gov. Josh Shapiro on Wednesday said that the state's access to Medicaid and Head Start had been restored as of Tuesday night after the services were interrupted amid an announced freeze on federal funds by the Trump administration.