Off Script Wire — MarketsMarkets coverage from Off Script Wire: stocks, crypto, rates, and commodities — the moves that mattered and the plain-English reason why.https://offscriptwire.com/en-usPJM's power auction bought less generation at its price caphttps://offscriptwire.com/stories/what-a-record-power-price-bought/https://offscriptwire.com/stories/what-a-record-power-price-bought/PJM's own auction reports, read in one column: the price of scarcity climbed toward its ceiling while the new generation it bought fell to a few hundred megawatts, and PJM has asked FERC to stop counting some of the demand behind that climb.Tue, 18 Aug 2026 00:00:00 GMTMarketsenergypjmcapacity-marketelectricityfercmarkets