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…...
The California Air Resources Board on May 29 adopted revisions to the state’s Cap-and-Invest Program, strengthening emissions limits through 2045 while expanding consumer protections and support for energy-intensive industries. The updates are intended to keep California on track to meet its climate goals, provide long-term market certainty, and address affordability concerns amid economic uncertainty and…...
The Federal Energy Regulatory Commission on March 31 accepted the first phase of capacity market reforms proposed by ISO New England, advancing efforts to align the region’s power market design with a rapidly changing resource mix. The decision marks a key milestone in a multi-year stakeholder process aimed at improving reliability outcomes and ensuring consumers…...
Recent developments across U.S. carbon markets reflect growing momentum, as states expand…Read the full report …...
