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…Read the full report…...
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.
As battery storage plays a growing role in grid reliability and renewable integration, state lawmakers and regulators are advancing measures to enhance safety and oversight. U.S. battery storage capacity growth could reach a new high in…Read the full report …...
U.S. President Donald Trump on March 15 signed a joint resolution disapproving the Bureau of Ocean Energy Management’s (BOEM) rule named “Protection of Marine Archaeological Resources.”, in order to boost offshore energy development initiatives. This joint resolution nullifies the final rule issued by the BOEM and published under the previous administration in September 2024. The…...
Carbon markets across the U.S. are experiencing shifts, with Washington’s auction prices climbing for the second consecutive time and potential market linkages taking shape, while…Read the full report …...
Carbon markets across the U.S. are experiencing shifts, with Washington’s auction prices climbing for the second consecutive time and potential market linkages taking shape, while Virginia’s legal battle over rejoining the regional carbon market continues.
The U.S. Environmental Protection Agency on March 12 announced 31 actions to reconsider Biden-era environmental regulations and implement President Trump’s agenda. President Trump has issued a series of executive actions including requiring a review of all agency actions that potentially burden the development of domestic energy resources. Regulations that the agency will reconsider include the…...
The U.S. Environmental Protection Agency on March 10 announced that it has cancelled over 400 grants, worth a combined $1.7 billion in its fourth and largest round of grant cancellations for programs considered unnecessary. In February, the agency stated that it had partnered with the Department of Government Efficiency to review and scrap funding awarded…...
The U.S. Environmental Protection Agency announced the cancellation of 20 grants totaling nearly $61 million as part of a broader initiative to eliminate funding for programs associated with diversity, equity, inclusion, or DEI, and environmental justice, which the current administration deems as wasteful. This marks the second round of cancellations, in collaboration with the Department…...
