PJM Interconnection Capacity Auction Reveals Power Shortfall in Pennsylvania
NATURAL GAS
PJM Interconnection's recent capacity auction revealed a power shortfall of over 6,623 megawatts in Pennsylvania, sufficient for approximately 6.6 million homes, with only 774 megawatts of new generation clearing the auction. Capacity prices reached their cap, indicating a supply scarcity that may prompt a formal investigation and a Reliability Backstop Auction, potentially increasing costs without immediate infrastructure improvements. Policymakers are considering updates to the Local Resource Manufacturing Tax Credit to enhance baseload generation and leverage the state's natural gas resources.

Jan 16, 2026, 6:14 AM