Planned batteries in PEPCO and BGE would capture the highest cumulative TB4 spreads in PJM

Cumulative TB spread by asset, grouped by pricing zone, May 2026 ($/kW-month)

Operating

Planned

Source: PJM, Modo Energy

Note: Bubble size represents rated power (MW). Planned assets include projects in Active, Engineering and Procurement, and Under Construction status. TB spreads computed from nodal real-time LMPs.

MODOENERGY