Energy & Environment — Trump, bipartisan governors push PJM to lower prices

View Online Energy & Environment Energy & Environment The Big Story  Admin and bipartisan governors push PJM on price The Trump administration and a group of bipartisan governors are trying to pressure the nation's largest regional electric grid operator to bring down electric prices. © Getty Images The Trump administration and a group of bipartisan governors are trying to pressure the nation's largest regional electric grid operator to bring down electric prices, especially in the wake of heavy demand from data centers.   Interior Secretary Doug Burgum and Energy Secretary Chris Wright were joined Friday by Pennsylvania Gov. Josh Shapiro (D), Maryland Gov. Wes Moore (D) and outgoing Virginia Gov. Glenn Youngkin (R), as well as Indiana Energy Secretary Suzanne Jaworowski, to call on the PJM Interconnection grid operator to bring down prices.   The group is calling on PJM to hold an "emergency" power auction "to address escalating electricity prices and growing reliability risks" in the Mid-Atlantic and across the country, according to an Energy Department press release.   Protect ratepayers by limiting the amount existing power plants can be paid in the PJM capacity market.    They are also calling on the regional grid operator to cap the price that existing power plants can charge in electricity market auctions.   The group also wants PJM to force data centers to pay more for new generation than residential customers by allocating costs to data centers that have not added new power onto the grid themselves. Meanwhile, the Trump administration has also reached an agreement with several states to advance more than $15 billion in new electricity generating projects, according to the Interior Department. It said that a "coalition of leading technology companies has committed to funding this new generation capacity."   "We have a united front standing here today that's demanding immediate reform," Burgum said, adding that the group believes its proposal will "deliver more power, more reliability and keep more money in hardworking Americans' pockets."     Read more at TheHill.com. Welcome to The Hill's Energy & Environment newsletter, I'm Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains.   Programming Note: There will be no newsletter on Monday. We'll be back Tuesday.   Did someone forward you this newsletter? Subscribe here. Essential Reads  How policy will affect the energy and environment sectors now and in the future: Supreme Court takes up Bayer's bid to limit Roundup weed killer liability The Supreme Court on Friday took up a bid from Bayer to limit liability for pesticide makers, including Bayer's Roundup weed killer, which has become the subject of numerous cancer suits.  Full Story White House, bipartisan governors call on biggest US grid operator to lower prices The Trump administration and a group of bipartisan governors are trying to pressure the nation's largest regional electric grid operator to bring down electric prices, especially in the wake of heavy demand from data centers.  Full Story Third offshore wind project halted by Trump is allowed to resume construction A third offshore wind project halted by the Trump administration was allowed to resume construction Friday, dealing yet another blow to the administration's anti-wind efforts.  Full Story What We're Reading  News we've flagged from other outlets touching on energy issues, the environment and other topics: Hamm to Halt Drilling in Bakken Shale on Lower Crude Prices (Bloomberg) Senators hold bipartisan secret meeting to reshape FEMA (E&E News) On Our Radar  Upcoming news themes and events we're watching: Next Week The House could vote on a resolution to overturn the Biden administration's ban on mining in an area of Minnesota's wilderness.   Wednesday The House Energy and Commerce Committee will mark up several energy- and environment-related bills The House Natural Resources Committee will hold a hearing on outdoor recreation The House Natural Resources Committee will hold a hearing titled "America First: U.S. Leadership & National Security in International Conservation" Thursday The House Education and Workforce Committee will hold a hearing on the policies and priorities of the Mine Safety and Health Administration The House Natural Resources Committee will hold a hearing on deep sea mining     What Others are Reading  Two key stories on The Hill right now: Republicans vow to block Trump from seizing Greenland by force Senate Republicans are vowing to block any effort by President Trump to seize Greenland by military force, as Trump officials on Wednesday refused to back off their demands to control the island during a meeting with top diplomats at the White House.  Read more Schatz says US 'absolutely rolled' by China-Canada trade deal Sen. Brian Schatz (D-Hawaii) said Friday Americans would be hurt by a trade deal between China and Canada as foreign nations seek new trade partners amid the Trump administration's tariff wars. Read more   You're all caught up. See you Tuesday!  Check out The Hill's Energy & Environment page for the latest coverage. Like this newsletter? Take a moment to view our other topical products here 📩 Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  400 N Capitol Street NW Suite 650, Washington, DC 20001 Copyright © 1998 - 2026 Nexstar Media Inc. | All Rights Reserved.

If you believe this has been sent to you in error, please safely unsubscribe.