PJM Interconnection’s capacity auction was approved at $329.17 per megawatt-day for the 2026-2027 delivery year, up from $28.92 just two delivery years ago – a nearly tenfold increase that reflects how tight the region’s supply margins have become. Wholesale electricity prices at PJM averaged $136.53 per megawatt-hour in the first quarter of 2026, up 76% from $77.78 a year earlier, independent market monitor Monitoring Analytics said, with 63% of that increase attributed to data center load. For a power generator that fails to deliver committed power during a grid emergency and must purchase replacement power in the open market, these are the prices at which they are purchasing. This is the balance sheet exposure that the insurance market is currently underwriting on static surveys – and SAMP Risk, the insurtech subsidiary of Asset Performance Partners, is arguing that this needs to change.
Electricity insurers are pricing grid risk based on tomorrow’s data & more related News Here
