PJM Pricing Continues Ascent

August 26, 2025 

PJM/MISO deal flow has steadily increased week over week. The PJM Pricing Desk has been busy booking Block & Index, Incremental Blocks, Price Locks and Fixed Price deals as customers are reacting to lower market levels.

PJM Cal 2026 West Hub On Peak settled 60.85 Monday evening, Aug 26, 2025. Cal 27 and Cal 28 settled 62.75 and 63.05 respectively.

An early shot of cooler air is making its way into the US this week, dropping forecast highs in Ohio to the low to mid 70’s while temps in Philadelphia are a little warmer with highs around 80.

Natural gas for September is trading around 2.73 , up a little from previous day’s low of 2.622.

 

Source:  Steve Hammack, Pricing and Load Management