News
July 31, 2024 Statement On Capacity Market Price Spike That Will Impact June 2025 Com Ed Bills
PJM Interconnection announced the results of its latest capacity auction. For the majority of the PJM region, capacity prices for the 2025/26 delivery year hit record highs, to $269.92/MW-day, up from $28.92/MW-day in the last auction. This will impact ComEd electricity bills in June of 2025. Capacity prices are a portion of ComEd’s supply rate–it is not immediately clear how much this will increase overall bills.
July 29, 2024 The good, the bad, and the ugly at the nation’s largest power grid operator
It’s been a busy summer advocating for electric customers at PJM, a power grid operator that controls the flow of electricity over big transmission lines that stretch across northern Illinois and all or parts of a dozen other states. Here’s a breakdown of some major developments concerning PJM this summer–the good, the bad, and the ugly.
July 24, 2024 PoliticoPro: FERC’s next big dilemma: How to pay for energy efficiency
"The complaints build on a long-simmering dispute among the market monitor, consumer advocates and the clean energy industry over whether efficiency programs should be treated like traditional generating resources."
July 24, 2024 Breaking: PJM committee vote strong step toward clean, affordable energy future
"In a strong step forward for affordable, reliable and clean energy, a committee at the nation’s largest power grid operator voted overwhelmingly to begin a discussion on how to design and evaluate cost-effective alternatives to running expensive, polluting power plants past their desired close date."
July 14, 2024 Chicago Tribune: Advocates criticize bid by Illinois power grid operator to skip some federal reforms
“PJM is dragging its feet on the clean energy transition and doing everything it can, instead, to create exceptions for itself,” said Clara Summers, the Consumers for a Better Grid campaign manager at the Citizens Utility Board.
