Rising electricity demand could drive US wholesale up significantly
Rising Electricity Demand Could Drive US Wholesale Prices 19% Higher Over the Next 4 Years The demand for electricity in the US has skyrocketed over the last 70 years and is going to continue to rise as technology advances. A new report by the ICF is predicting that...
PJM capacity prices may more than double in the 2026/27 auction.
PJM capacity prices may more than double in the 2026/27 auction. Per a report by Morgan Stanley, capacity prices for the next PJM auction in December could go as high as $695/MW. This would be a 157% increase over the record high prices in the July capacity auction...
Duquesne Light Seeks Rate Hikes for PA Residential and Commercial Customers
Duquesne Light Seeks Rate Hikes for PA Residential and Commercial Customers Duquesne Light is again seeking approval from the Pennsylvania PUC to increase its current 6-month fixed rate, which began on June 1, 2024, for both residential and commercial customers. For...
Maryland Electric Bills to Surge Up to 24% After PJM Capacity Auction
Maryland Electric Bills to Surge Up to 24% After PJM Capacity Auction The effects of the PJM capacity auction for the 2025/26 delivery year are starting to show, as the Office of People’s Counsel for the State of Maryland released a report indicating that, depending...
