PJM capacity auction hits price cap again as reserve shortfall persists

The Pennsylvania-New Jersey-Maryland grid operator's latest capacity market auction cleared at the maximum allowable price, signaling persistent supply-demand imbalances and raising questions about whether current market mechanisms can attr

First covered Jul 15, 2026 · 5:01 AM PT · 2 articles

PJM capacity auction hits price cap again as reserve shortfall persists — Image via heatmap.news

Coverage

7h 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,”…

9h Heatmap News PJM Once Again Hits Its Price Cap at Latest Auction —

Primary sources

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

pjm.com 20260714 Pjm Capacity Auction Procures 138318 Mw Of Generation Resources (pjm.com)

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)

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