wholesale power

Wholesale Power and Retail Electricity Prices Forecast to Increase During 2025: EIA

U.S. wholesale power prices are forecast to average marginally higher during 2025 in the majority of the U.S. regions compared to 2024, except in the Northwest and Texas, according to an Jan. 27 report published by the U.S. Energy Information Administration. The agency projects wholesale prices to average $40 per megawatthour (MWh) during 2025, up…...

wholesale electricity

U.S. Wholesale Electricity Prices Were Lower and More Stable Last Year: EIA

Average U.S. wholesale electricity prices were lower and less volatile during 2024 compared to 2023 due largely to reduced natural gas prices, increased renewable generation, and expanded battery storage capacity according to a Jan. 16 report published by the U.S. Energy Information Administration. U.S. electricity prices were highest during January, in line with below seasonal…...

EnerKnol Research PU Visual Primer Data Centers Nuclear Colocation 2024 11 05 Blog preview

Year Ahead: Five Must-Watch Power Sector Trends for 2025

The U.S. energy landscape faces a fundamental policy shift in 2025 as the incoming Trump administration’s focus on fossil fuels signals a sharp departure from the current clean energy priorities. While federal support is expected to pivot toward.…. Read the full report…...

EnerKnol Research PU Visual Primer Transmission 2024 11 12 Blog preview

Visual Primer: Transmission Planning Evolves to Meet Rising Electricity Demand Across U.S.

Transmission planning across the U.S. is adapting to meet rising energy demands, necessitating coordinated efforts to strengthen and expand infrastructure. Beyond supporting renewable integration and enhancing resilience, transmission expansion is becoming critical for new electrification demands, increased manufacturing activity, and large data center loads.

EnerKnol Research PU Visual Primer Data Centers 2024 08 20 Blog preview

Visual Primer: Grid Planners Grapple With Ensuring Reliability Amid Unprecedented Projections of Demand Growth From Data Centers

The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as transportation electrification, which are part of broader policy goals and planned through regulatory proceedings, large loads like data centers have emerged unexpectedly.

EnerKnol Research PU Visual Primer PJM Capacity Auction 2024 08 13 Blog preview

Visual Primer: PJM Capacity Auction Prices Surge to Record Highs Amid Supply Concerns

PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from a reduced electricity supply, mainly due to numerous generator retirements, coupled with rising demand and the implementation of market reforms, according to PJM, which operates across 13 states and the District of Columbia.

EnerKnol Research PU Visual Primer IRA 2024 07 09 Blog preview

Visual Primer: Bipartisan Infrastructure Law and Inflation Reduction Act – Opportunities for Utilities

The enactment of the Infrastructure Investment and Jobs Act (IIJA) in 2021, also known as the Bipartisan Infrastructure Law, and the Inflation Reduction Act (IRA) in 2022, has unleashed billions in federal funding for the
energy sector. These include infrastructure improvements, clean energy deployment, transportation electrification, grid reliability, energy efficiency, and cyber security. Regulators across U.S. states have opened dockets requesting reports on utility actions or initiated proceedings to gather comments on utility opportunities.

EnerKnol Research PU Visual Primer FERC Agenda 2024 06 25 Blog preview

Visual Primer: Bipartisan FERC Set to Tackle Critical Energy Sector Issues

The U.S. Senate approval of President Biden's three nominees to serve on the Federal Energy Regulatory Commission (FERC) brings the agency to its full complement of five commissioners. The move comes as FERC is considering key issues including those pertaining to electric reliability and transmission rules, liquefied natural gas export projects, natural gas pipelines, and energy markets.

EnerKnol Research PU Visual Primer Grid Modernization 2024 04 30 Blog preview

Visual Primer: Virtual Power Plants Garner Attention to Meet Changing Grid Needs

Regulators and lawmakers across the U.S. are increasingly exploring the possibilities of deploying virtual power plants (VPPs) as a cost-effective means to provide grid services. VPPs have garnered attention as fossil fuel-fired power plants retire and renewable energy resources continue to grow amid increasing electricity demand.