Locator: 48779THEGRID.
Emergency order: issued by SecEnergy. Fifth time an emergency order has been issued. Link here.
The grid, long read, link here. LRLH. LOL.
The grid: link here. Even better, much more data and no paywall yet. Archived. This was major headline story over on CNBC at 5:31 a.m. CT, July 23, 2025. Again this was an all-time record.
Not only did rates go up, but production will increase -- higher rates, increased generation:
These are incredible numbers:
PJM auction prices rise due to data center demand, supply shortfall, per MW: $329 / 270 = 22% increase. For BGE and Dominion: $466 / $444, respectively.
PJM Interconnection today announced the results of its 2026/2027 Base Residual Auction (BRA), which secured 134,311 MW of unforced capacity generation (UCAP) and demand response to meet projected electricity needs for more than 67 million people across 13 states and the District of Columbia.
Regions under the Fixed Resource Requirement acquired an additional 11,933 MW in UCAP for a total of 146,244 MW (UCAP) available to serve forecasted peak electricity demand plus a reserve margin. UCAP represents a generation resource’s maximum output adjusted for its estimated ability to reliably perform at times of highest system risk.
The price came in at the FERC-approved cap, $329.17/MW-day (UCAP), for the entire PJM footprint. This price compares with $269.92/MW-day for the 2025/2026 auction for the RTO, except for the BGE and Dominion zones, which cleared at $466.35/MW-day and $444.26/MW-day, respectively.
