Pennsylvania Gov. Josh Shapiro has reached an agreement with PJM Interconnection over a lawsuit concerning potential “significant” electricity price increases in the 13-state territory.

STORY HIGHLIGHTS Gov. Josh Shapiro reaches agreement with PJM Interconnection to reduce electricity costs. PJM agrees to lower capacity auction price cap to $325 million/megawatt/day. Shapiro ...

Maryland Gov. Wes Moore joined Pennsylvania Gov. Josh Shapiro in calling on grid operator PJM Interconnection LLC to take action to prevent energy cost increases.

Gov. Josh Shapiro announced Tuesday that he has reached an agreement with PJM Interconnection on a plan to resolve his recent lawsuit. Shapiro said that plan would save consumers over $21 billion ...

(Reuters) - Pennsylvania Governor Josh Shapiro on Tuesday said he has reached an agreement with grid operator PJM Interconnection to settle his recent complaint about its power market rules and ...

PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW ...

Governor Josh Shapiro announced a major agreement with PJM Interconnection that will save consumers over $21 billion in energy costs over the next two years, reports Ryan Genova for Glenside Local.

The PJM Interconnection will move to set a price cap and price floor for its next two capacity auctions under an agreement reached Tuesday with Pennsylvania Gov. Josh Shapiro, D. PJM plans to set ...

Pennsylvania Gov. Josh Shapiro on Tuesday announced he’s reached an agreement with the regional grid operator PJM Interconnection that he said will blunt the expected sharp rise in the cost of ...

Electricity customers in Pennsylvania are facing rising costs as hundreds of renewable energy projects remain stalled.

At Mid-Penn Legal Services in Harrisburg, Gov. Josh Shapiro details the settlement with PJM Interconnection on Jan. 29. Gov. Josh Shapiro said Wednesday Pennsylvanians will not have to absorb the ...