In an earlier blog highlighting PJM’s price formation proposal, we discussed one aspect of price formation, which was related to transforming the way reserves are priced into the market. Here, we’ll cover the latest developments on another aspect of price formation, known as fast-start pricing.
Are you surprised to learn that your hair dryer uses more energy than your refrigerator or washing machine? Using energy efficient appliances and making a few small changes can make a huge difference in your monthly energy consumption. Read on for more surprising details.
Reading an electricity bill can be a confusing process. Understanding kilowatts, how energy is measured and billed, and which household appliances are using electricity can make it challenging to grasp how much you're spending.
As a Regional Transmission Operator (RTO), PJM is an independent organization that oversees the wholesale electricity market serving the following states: Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and D.C.