Rate Increases

Jul 20, 2023 | nrdc.org | Dana Ammann |Rate Increases

When the eastern United States was sheathed in snow and extreme cold during Christmas week last year, the electric grid was hit with a surprise. While they had planned for some generator outages, natural gas plants failed to the point where a quarter of PJM generation capacity was offline on Christmas Eve. According to PJM’s newly released and much anticipated Winter Storm Elliott report, this included 40 gigawatts (GW) of coal and natural gas.