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Tag: Biden/Harris administration

Posted inEnergy

PA Grid Operator Pays 700% More to Buy Power, Warns Price Hikes Will Follow

by Taylor MillardAugust 22, 2024

Red lights are flashing at one of America’s largest electricity transmission operators over possible power outages after it was forced to spend 700 percent more to buy power for its customers in the latest auction. “The significantly higher prices in this auction confirm our concerns that the supply-demand balance is tightening,” said PJM President and […]

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