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$12B of US ratepayers' money wasted on a modeling mistake in PJM

Hacker News Top ↗ · 2026-08-17 Cached

The article reports that PJM's modeling errors in electricity market auctions have led to $12 billion in unnecessary costs for ratepayers between 2025 and 2027, due to underestimating existing power plant capacities and flawed auction design.

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