PJM Interconnection LLC’s capacity market auction for the 2026/2027 delivery year cleared at $329.17 per megawatt-day (MW-day), nearly 22 percent higher than the clearing price in the previous auction. The clearing price hit the cap recently approved by the Federal Energy Regulatory Commission (FERC) to…Read the full report…...
The Western Energy Markets Governing Body on July 23 has taken a significant step under the California Independent System Operator’s new independent governance framework by voting to preserve a key grid reliability tool, Assistance Energy Transfers, or AET, within the Western Energy Imbalance Market. The mechanism, introduced in 2023, allows balancing authorities to receive emergency…...
PJM Interconnection LLC’s capacity market auction for the 2026/2027 delivery year cleared at a record-high price of $329.17 per megawatt-day (MW-day), about 22 percent higher than last year’s auction, according to the results announced on July 22. The clearing price hit the price cap approved by the Federal Energy Regulatory Commission following a ninefold increase…...
Across the U.S., accelerating electrification and large-load growth driven by data center expansion are contributing to higher demand projections, while generator retirements are…Read the full report…...
Recent carbon market auctions have delivered mixed results underscoring the growing impact of…Read the full report …...
The Washington Department of Ecology on June 11 reported that all available emissions allowances were sold in the state’s tenth quarterly carbon auction, reinforcing the program’s stability and effectiveness. With this auction, total revenue generated for climate-focused initiatives has now reached nearly $3.2 billion since the program was launched in early 2023. The latest auction…...
The 68th quarterly carbon auction of the Regional Greenhouse Gas Initiative, or RGGI, the nation’s first market-based emissions regulation program, sold all of the more than 15.2 million CO2 allowances offered at a clearing price of $19.63, according to results released on June 6. This is slightly below the $19.76 clearing price in the previous…...