Climate Change
Consumers—and the Environment—Are Going to Pay for Problems With the Nation’s Largest Grid Region
Prices soared last week in an auction conducted by PJM Interconnection, reflecting a backlog of approval for renewable energy projects.
A process designed to make sure a swath of the country has reliable electricity has become an example of how not to manage a complex system during a time of rapid change.
Consumers—and the Environment—Are Going to Pay for Problems With the Nation’s Largest Grid Region