Trump Admin Proposes Emergency Auction to Fast-Track Mid-Atlantic Baseload Plants
The Trump administration, citing reliability concerns and rising electricity costs in the Mid-Atlantic, urges PJM to temporarily overhaul market rules and hold an emergency procurement auction to finance more than $15 billion of new baseload power, offering 15-year revenue certainty, rate protections for residential customers, and data-center cost allocations to speed reliable, affordable power for industry and families.