Explaining PJM's Capacity Market

PJM is the largest wholesale power market and transmission planning region in the US. Currently, it is stuck between a rock and a hard place: on one side, rising demand from data centers; on the other, a choked and congested interconnection queue that can’t keep pace. The result: rising prices and political discontent. I talk with Clara Summers of the Citizens Utility Board about how PJM can solve this dilemma and get prices under control.

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