Week Ahead: DOE Explores AI Partnerships, Iowa’s Transmission Rules, ME Examines Time-of-Use Rates
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PJM Capacity Auction Clears at Record High Prices as Data Center Load Intensifies Supply Concerns
PJM Interconnection on Dec. 17 announced the results of its 2027/2028 capacity auction, which cleared at a record high price and highlighted growing concerns that electricity demand is rising faster than new generation is being added across the region. The grid operator procured 134,479 megawatts of accredited generation and demand response capacity through the centralized…...
Carbon Pricing December 2025 Update
U.S. carbon markets are closing out the year with record prices and strong auction demand, reflecting the growing maturity of…Read the full report …...
New York Proposes Regulations to Tighten Emissions Cap Under Regional Carbon Program
The New York State Department of Environmental Conservation and the New York State Energy Research and Development Authority on Dec. 10 released a proposal to update the state’s Regional Greenhouse Gas Initiative, or RGGI, regulations, aiming to secure deeper and more affordable cuts in power sector emissions. The measure underscores New York’s direction at a…...
Washington Carbon Auction Raises $394 Million as Prices Surge
The Washington Department of Ecology on Dec. 10 completed the fourth quarterly sale of greenhouse gas allowances this year under the state’s Cap-and-Invest program, producing strong demand that is projected to raise $394 million for community investments and climate resilience initiatives. The result marks the twelfth consecutive sold out auction and reinforces the program’s trajectory…...