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GE Vernova jumps as Trump, state governors back PJM emergency power auction

GE Vernova (NYSE:GEV) shares climbed 3.7% in pre-market trading on Friday following reports that President Donald Trump and ...

Trump Moves to Have Tech Giants Pay for Surging Power Costs

President Donald Trump and the governors of several US Northeastern states agreed to push for an emergency wholesale ...
Investing.com South Africa

GE Vernova shares rise as Trump, governors push for PJM power auction

Investing.com -- GE Vernova shares rose 3.7% in pre-market trading Friday after reports that President Trump and governors ...

Constellation Energy Stock Plummets: What's Happening?

The Trump administration is reportedly preparing to call for an emergency auction aimed at accelerating new power plant ...
POWER Magazine

PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap

PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to ...
POWER Magazine

PJM’s Record-High Capacity Prices Spark Sector Reckoning as Market Signals, Policy Battles Intensify

Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new ...
NJBIZ

PJM region governors to hold energy reform conference

As the energy crisis continues to grip the state and region, leaders continue to take action. The governors within the 13-state PJM Interconnection region announced they will join together to host a ...