PJM Power Market Under Major Pressure
PJM Interconnection, the grid operator, is facing significant pressure to reform its operations. Historically, it has successfully balanced electricity demand and supply, resulting in low prices for consumers. However, there is now a consensus among various stakeholders that an overhaul is necessary.
- ▪PJM Interconnection has been a key player in matching electricity demand with supply for decades.
- ▪Customers have benefited from some of the lowest electricity prices in the United States due to PJM's operations.
- ▪There is a growing consensus among politicians, businesses, households, and power companies that PJM needs an overhaul.
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Pity the grid operator PJM Interconnection. For decades it worked quietly and in the background, matching electricity demand with supply. Meanwhile, customers enjoyed some of the lowest electricity prices in the United States. No longer. Politicians, businesses, households, and power companies think it needs an overhaul. Even PJM is in agreement. Read Full Article »
Excerpt limited to ~120 words for fair-use compliance. The full article is at RealClear Energy.
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