OHIO VALLEY – Electricity bills across the region could rise again after PJM Interconnection failed to secure enough power to meet projected demand for the 2027 and 2028 planning years.
PJM says its capacity auction hit the maximum price of about $330 per megawatt-day but still came up roughly five percent short. The grid operator warns the shortfall could increase the risk of power interruptions during periods of extreme weather.
PJM Interconnection, often just called PJM, is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of 13 states including, Ohio, West Virginia and Pennsylvania. The organization’s headquarters is in Valley Forge, Pennsylvania..
