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July 15, 2026 Good news, bad news. The latest PJM 2028/2029 Capacity Auction delivered a modest improvement, with the clearing price declining 2.5% from last year. However, capacity prices remain historically elevated across the RTO and once again cleared at the administrative price cap, reinforcing that capacity costs remain a significant driver of electricity prices. […]
July 1, 2026 With approval from the Texas Public Utility Commission in June, ERCOT is moving “full steam ahead” on Batch Zero of its new Batch Connection Process. This marks a significant departure from the historical “first-come, first-served” interconnection approach toward a more structured, batch-based evaluation of large load additions. Under ERCOT Issue PGRR145, Batch […]
April 6, 2026 In the waning days of March the Federal Energy Regulatory Commission (FERC) issued a ruling approving the first phase of reforms for the ISO-NE capacity market. Similar to many other regions, the capacity market structure in New England has come under fire, not because of the record high prices seen in regions […]
March 10, 2026 US-Iran Conflict Sends Shockwaves Through Global Energy Markets Oil, LNG, and refined products surge as supply disruptions ripple across global energy systems The escalation of the US-Iran conflict has introduced a level of volatility across global energy markets not seen in several years. The primary driver has been the tightening of crude […]
February 9, 2026 ISO-NE Ancillary Service Costs Continue to Rise: DASI Explained Ancillary service costs in ISO New England began increasing in 2025 following the implementation of the Day-Ahead Ancillary Services Initiative (DASI), a major redesign of how ISO-NE procures essential grid reliability services. Ancillary services are the support functions required to keep the electric […]
December 18, 2025 PJM Capacity Auction Locks in Another Year of High Costs The PJM Capacity results are have been published for 2027/2028, and capacity costs across the RTO will remain strong for another year. While prices have only increased by 1.3% as compared to 2026/2027, they once again cleared at the artificial ceiling set […]
July 23, 2025 PJM Capacity Auction Adds 22% for Most Consumers The PJM Capacity results are in and capacity costs across the RTO will remain high for at least another year with costs rising unexpectedly for most regions. After spiking nearly tenfold in June because of the auction held last year, these results represent an […]
March 19, 2025 PJM Capacity Costs Are About to Rise – What You Need to Know The PJM Capacity auction conducted last July cleared at record-high values, pushing total capacity market costs to over $15 billion—a nearly tenfold increase. These higher rates are now set to impact your energy invoices and are expected to remain […]
August 15, 2024 EV Program Costs Drive CT Delivery Rates Even Higher Just over a month after the Connecticut regulators approved the large delivery cost increases detailed below they have authorized additional increases in delivery rates for both major utilities in the state. This time the increases are more modest at ~$0.004/ kWh (or about […]
July 31, 2024 What’s Happening? The PJM Capacity auction conducted earlier this month cleared at the highest values ever, amounting to a total capacity market cost of over $15B, a nearly 10-fold increase. The auction, covering June 2025 to May 2026, has been influenced by new rules. These rules, particularly those governing the treatment of […]
