The California Air Resources Board on Aug. 26 released the results of its latest joint carbon allowance auction with Quebec’s Ministry of the Environment, with all available allowances selling above the reserve price, signaling continued demand from regulated companies across the linked carbon market. The Aug. 19 sale cleared current allowances at $32.48 per metric…...
The New Jersey Board of Public Utilities on Aug. 13 released a study finding that the capacity market operated by PJM Interconnection can no longer reliably deliver electricity at the lowest possible cost, prompting the state regulator to call for changes to its design and governance. The report, required under legislation enacted Aug. 25, 2025,…...
The California Independent System Operator on July 30 released its first Western Energy Markets Quarterly Benefits Report, combining the long-running assessment of the Western Energy Imbalance Market, or WEIM, with the inaugural results from its Extended Day-Ahead Market, or EDAM. The expanded report provides a broader view of how coordinated real-time and day-ahead electricity trading…...
PJM Interconnection LLC’s capacity market auction for the 2028/2029 delivery year left the grid operator about 6,800 megawatts (MW) short of its reliability requirement, marking the second…Read the full report…...
PJM Interconnection on July 14 announced the results of its 2028/2029 capacity auction, marking the second consecutive auction in which committed electricity resources fell short of the grid operator’s reliability requirement. The auction secured about 138,300 megawatts of accredited capacity to serve more than 67 million customers across 13 states and the District of Columbia…....
U.S. carbon markets are advancing on multiple fronts, with states tightening emission caps, pursuing market linkage, and…Read the full report …...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, is pursuing market, planning, and interconnection reforms as rapidly growing demand raises concerns about resource adequacy, infrastructure readiness, and consumer costs. The effort comes amid…Read the full report…...
The Regional Greenhouse Gas Initiative participating states on June 5 announced results from the program’s 72nd carbon allowance auction, which cleared at $35 per allowance, generating approximately $642 million for reinvestment in energy efficiency, renewable energy, electrification, greenhouse gas reduction, and customer assistance programs across the region. A total of 18.3 million allowances were sold…...
