A settlement between PJM Interconnection, the regional grid operator, and the state of Pennsylvania will temporarily cap soaring electricity costs for 65 million consumers across the Mid-Atlantic and Midwest, offering relief from record-high capacity auction prices that threaten to drive up bills and strain state economies. The two-year price cap on capacity auctions will likely … Continue reading Mid-Atlantic States, PJM Agree to Price Cap for Capacity Auction, Temporarily Easing Energy Affordability Concerns