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 …...
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…...
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 …...
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…...
