Wholesale Power Archives

Visual Primer: PJM’s Price Cap and Floor Proposal for Capacity Auctions Raises Concerns Over Market Distortion

April 7, 2025Climate Change and Emissions, coal, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Integrated Resource Plans, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Solar, Wholesale Markets, Wholesale Power, WindBy EnerKnol Research

PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, has proposed a price cap and floor for its upcoming capacity market auctions for the 2026/2027 and 2027/2028 delivery years. Though intended as a temporary measure to restore stability to the capacity market, the move has raised concerns about market distortion by artificially inflating prices and stifling investment signals.

Southwest Power Pool to Expand Into Western Interconnection Region

March 24, 2025Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas, Wholesale PowerBy EnerKnol Research

The Federal Energy Regulatory Commission on March 20 approved Southwest Power Pool’s (SPP) amended tariff which allows Western members to join the organization, making it the first regional transmission organization in the country to be operational in both the Eastern and Western interconnections. From April 2026, seven Western entities currently participating in SPP’s Western Energy…...

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

January 27, 2025EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas, Wholesale PowerBy EnerKnol Research

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…...

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

January 17, 2025EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas, Wholesale PowerBy EnerKnol Research

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…...

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

January 6, 2025Climate Change and Emissions, Electric Vehicles, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Insights, Grid Modernization, Power & Utilities, PRODUCTS, Smart Grid, Solar, Wholesale Power, WindBy EnerKnol Research

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…...

U.S. Grid Operators Strengthen Winter Preparedness Amid Rising Demand and Resource Constraints

December 2, 2024Climate Change and Emissions, Electric Transmission, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Insights, Grid Modernization, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Retail Power and Gas, Smart Grid, Solar, Wholesale Power, WindBy EnerKnol Research

Heading into the winter season, grid operators and utilities across the U.S. continue to strengthen their winter readiness measures to ensure reliable…Read the full report …...

Visual Primer: U.S. Grid Operators Strengthen Winter Preparedness Amid Rising Demand and Resource Constraints

December 2, 2024Climate Change and Emissions, Electric Transmission, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Smart Grid, Solar, Wholesale Power, WindBy EnerKnol Research

Heading into the winter season, grid operators and utilities across the U.S. continue to strengthen their winter readiness measures to ensure reliable electricity supplies amid rising demand and potential energy shortfalls.

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

November 11, 2024Climate Change and Emissions, Electric Vehicles, Energy Efficiency, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Integrated Resource Plans, Power & Utilities, PRODUCTS, REC Feed, Smart Grid, Wholesale PowerBy EnerKnol Research

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.

Visual Primer: Interconnection Efficiency Increasingly Crucial as New Power Sources Proliferate

August 26, 2024Climate Change and Emissions, Electric Vehicles, Energy Efficiency, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Integrated Resource Plans, Power & Utilities, PRODUCTS, REC Feed, Smart Grid, Wholesale PowerBy EnerKnol Research

Amid ongoing improvements to interconnection processes across the U.S., current queue backlogs and the rapid increase in new resources seeking to connect to the grid are driving innovative solutions.

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

August 19, 2024Climate Change and Emissions, Electric Vehicles, Energy Efficiency, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Integrated Resource Plans, Power & Utilities, PRODUCTS, REC Feed, Smart Grid, Wholesale PowerBy EnerKnol Research

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.

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

August 12, 2024Climate Change and Emissions, coal, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Integrated Resource Plans, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Solar, Wholesale Markets, Wholesale Power, WindBy EnerKnol Research

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.

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

July 8, 2024Climate Change and Emissions, Electric Vehicles, Energy Efficiency, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Integrated Resource Plans, Power & Utilities, PRODUCTS, REC Feed, Smart Grid, Wholesale PowerBy EnerKnol Research

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.

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