PJM presented manual revisions to clarify how resources are defined as offline for the purpose of determining whether they are eligible for lost opportunity cost credits.

The White House and PJM's governors called for a special backstop capacity auction to procure $15 billion worth of new dispatchable generation, which is to be paid for by data centers.

U.S. Sen. Tom Cotton (R-Ark.) introduced a bill that would exempt large loads served on islanded systems from federal economic regulations for the electric industry.

The Public Utilities Commission of Ohio approved $250 million in fines for FirstEnergy, which comes after a federal investigation in 2020 found the utility had bribed lawmakers to secure a bailout for its nuclear plants.

Duke Energy reported earnings of $1.25/share for the second quarter, and its CEO told analysts the company also came out ahead with state and federal legislation.

The PUCO ruling seeks to ensure that other ratepayers are not stuck with paying for infrastructure upgrades made to accommodate data center power demand that does not materialize as requested.

Ohio's governor signed into law a major reform of how the state regulates utilities, eliminating electric security plans that utilities have used to meet demand from non-shopping customers since a 2008 law authorized them.

Several state consumer advocates filed a complaint at FERC alleging PJM’s capacity market is failing to mitigate market power, overestimating future load and producing high clearing prices that generation owners cannot act on. 

Newly minted American Electric Power CEO Bill Fehrman is promising to “embrace large load opportunities,” leverage its expertise in 765-kV transmission and deliver more positive regulatory outcomes.