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ARTICLE · 16 APRIL 2025

Energy And Utility Insights

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PJM made its final presentation of recommended transmission projects aimed at boosting grid reliability to one of its advisory panels, and the proposals now move on to the RTO's full board.

United StatesEnergy and Natural Resources

PJM

PJM advances transmission plan for grid reliability

PJM made its final presentation of recommended transmission projects aimed at boosting grid reliability to one of its advisory panels, and the proposals now move on to the RTO's full board. The plan addresses multiple issues, including accelerated load growth and changes in the generation mix. The expected investment is between $5.9 billion and $6.3 billion.

PJM reaches deal to lower capacity auction price cap

PJM reached a settlement with Pennsylvania Gov. Josh Shapiro aimed at avoiding a "runaway auction price" that would have sharply raised bills. The deal sets a $325 per megawatt-day price cap and a $175/MW-day floor for PJM's 2026-2027 and 2027-2028 delivery year capacity auctions – down from the current cap of over $500/MW-day.

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