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 bring stability to the market after last year’s unprecedented ninefold price surge.
The total operating capacity of U.S. coal-fired power stations is set to decrease from 172 gigawatts (GW) during May 2025 to 145 GW by the end of 2028, according to a July 14 report published by the U.S. Energy Information Administration. Coal usage in the U.S. electric power sector has declined significantly over the last…...
U.S. President Donald Trump on July 4 signed the One Big Beautiful Bill Act, a sweeping reconciliation measure that fundamentally reshapes federal energy policy. Backed by President Donald Trump and Republican leadership, the legislation takes down many of the clean energy incentives established under the Inflation Reduction Act while accelerating fossil fuel development on public…...
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 outpacing the addition of new supply. These converging trends are tightening reliability margins and increasing the risk of resource adequacy shortfalls.
The U.S. Interior Department announced on June 12 a proposed rule to withdraw the 2024 “Ten-Day Notices and Corrective Action” rule. The 2024 rule, implemented by the previous administration, introduced definitions and deadlines that undermine clear intent of the Surface Mining Control and Reclamation Act of 1977, which designates states as the primary regulators of…...
The U.S. Interior Department on June 4 announced the availability of over $119 million in fiscal year 2025 abandoned mine land reclamation fee-based grants for eligible tribes and states. The announcement is in sync with U.S. President Donald Trump’s commitment to unleashing American energy and revitalizing the U.S. coal industry. AML reclamation assists with employment…...
The U.S. Energy Department on May 23 announced the designation of coal utilized in steelmaking as a critical material under the Energy Act of 2020. The announcement is in accordance with the executive order “Reinvigorating America’s Beautiful Clean Coal Industry,” issued last month. As part of the executive order, President Trump has made it a…...
The U.S. Interior Department on April 23 announced it will execute emergency permitting procedures to fast track the development of critical minerals and domestic energy sources. The permitting procedures are in line with U.S. President Donald Trump’s executive order declaring a National Energy Emergency in January 2025. The order seeks to prioritize domestic fossil fuel…...
The U.S. Energy Department on April 9 announced a number of actions to unleash American coal production. The announcement follows U.S. President Donald Trump’s executive order, “Reinvigorating America’s Beautiful Clean Coal Industry.” The actions are aimed to strengthen U.S. energy and industrial security, develop domestic critical mineral production, help modernize and enhance coal technologies, and…...