Overview
- At PJM’s annual meeting in Baltimore on Monday, Gov. Wes Moore accused the grid operator of mismanaging the system and driving up Marylanders’ bills.
- Moore urged shifting more infrastructure costs to data centers, clearing the interconnection backlog, and holding a special September auction for 15‑year, fixed‑price power contracts.
- PJM leaders called for collaboration and said they are speeding up new grid connections as a formal review of the capacity market moves ahead following a new white paper.
- Prices from PJM’s latest capacity auction cleared above $325 under a temporary cap after capacity payments rose about 1,000% in two years, and PJM’s board has moved to extend that cap through 2030 pending federal approval.
- Advocates rallied outside the meeting as Maryland households faced nearly 30% higher bills since 2021, and Moore plans to sign a Utility RELIEF Act on Tuesday to provide consumer aid.