PJM Grid Challenges Increase Demand for New Power Infrastructure

Reuters reported on 4 November that only 25 GW of more than 100 GW of generation projects with grid-connection agreements since 2020 had been built in the PJM network. The operator is pursuing additional procurement and grid-development measures, while a proposed reliability auction includes a price cap of $555 per MW-day for new generation for the 2028/29 delivery year. The supply gap creates opportunities for power-generation developers, transmission contractors, battery-storage companies and grid technology suppliers. HPC can support project intelligence, equipment sourcing and strategic partnerships across the U.S. energy market.