PJM capacity auction hits price cap for third consecutive time

The nation's largest grid operator hit its maximum allowable price in its 2028–2029 capacity auction, signaling continued generator scarcity and higher electricity costs across the region.

First covered Jul 15, 2026 · 5:01 AM PT · 3 articles · no longer in the live window

Coverage

73d CleanTechnica PJM Capacity Auction Hits Price Cap for Third Consecutive Time — Yesterday, the nation’s largest grid operator PJM held its capacity auction for the 2028/2029 Delivery Year.

73d Utility Dive PJM capacity prices hit price cap, reserve shortfall grows — “The outcome demonstrates that the current system doesn’t work to bring online new capacity or stimulate demand response, the two things we need the most,”…

73d Heatmap News PJM Once Again Hits Its Price Cap at Latest Auction —

Primary sources

pjm.com 20260714 Pjm Capacity Auction Procures 138318 Mw Of Generation Resources (pjm.com) — cited by 2 of the outlets above

governor.ny.gov First Statewide Moratorium on New Hyperscale Data Centers Launched by Governor Kathy Hochul

Related coverage

73d Utility Dive PJM capacity prices hit price cap, reserve shortfall grows

More coverage from around the web

pjm.com For Public Use 2026/2027 Base Residual Auction Report July 22, 2025

insidelines.pjm.com PJM Auction Procures 134,479 MW of Generation Resources | PJM Inside Lines

enelnorthamerica.com PJM 2026/2027 Capacity Auction Results | Enel North America

insidelines.pjm.com PJM Auction Procures 134,311 MW of Generation Resources; Supply Responds to Price Signal | PJM Inside Lines

insidelines.pjm.com PJM Capacity Auction Procures 138,318 MW of Generation Resources as Work Continues To Address Growing Electricity Demand | PJM Inside Lines

Appeared in: 2026-07-15 (#1) · 2026-07-16 (#1)

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