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PJM capacity auction brings in $16.4 billion for 2028–29

Nov 8, 2026 15:35 (11h ago)

Verifying

PJM Interconnection held an auction to secure power capacity for 2028–29.
The auction brought in $16.4 billion, versus a $10.7 billion monitor model.
The monitor excluded projected data-center growth while retaining existing demand.