Markets
The return of demand growth is something new in the electricity industry, especially as it is being driven by individual consumers whose load can exceed the peak demand of a small state, and it is giving new life to an old argument in state legislatures: restructuring the industry.
CAISO is moving toward approval of an $8.5 million financing plan for the Regional Organization for Western Energy’s start-up costs.
PJM’s capacity market has quietly evolved from a reliability safety net into the primary mechanism supporting much of the region’s electricity supply, writes energy consultant Glenn Davis.
The Trump administration announced billions of dollars in investments from a deal it struck with Japan, which will help build natural gas plants to serve hyperscale data centers, including at a defunct uranium production site owned by DOE in Ohio.
One of the first items the yet-to-be-seated board of the Regional Organization for Western Energy could decide on is whether to administer a resource adequacy program, as backers seek to have a proposal in place later in 2026.
FERC approved changes to electronic quarterly reports, which are required of market participants and help track rates and charges of the firms it regulates.
Participants in CAISO’s Extended Day-Ahead Market likely would remain subject to the market’s daily resource sufficiency evaluation even if they joined a new resource adequacy program that’s being crafted.
The PJM Market Implementation Committee endorsed an RTO proposal to establish penalties for load management and price-responsive demand resources that underperform during pre-emergency deployments.
ISO-NE published initial data on how its proposed capacity market overhaul will affect resource accreditation, providing an indication of how the changes would affect capacity market revenues for different resource types.
The Virginia General Assembly wrapped up its session and Democrats used the power they won in November's elections to push through bills favoring clean energy as the state faces significant load growth from data centers.
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