Pennsylvania
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PJM's Markets and Reliability Committee discussed a problem statement and issue charge brought by Pennsylvania Gov. Josh Shapiro to open a discussion on establishing a sub-annual capacity market design.
House Energy and Commerce Committee
Energy Secretary Chris Wright talked about the process behind two recent orders mandating power plants that had planned to retire to keep running this summer at a House hearing that was focused on DOE's budget.
Yes Energy
FERC spent June 4-5 looking into resource adequacy across the markets it regulates.
Shutterstock
FERC approved a PJM proposal to limit capacity prices to between $175 and $325/MW-day for the next two Base Residual Auctions, resolving a complaint from Pennsylvania Gov. Josh Shapiro.
FERC
FERC Chair Mark Christie criticized PJM for continuing to consider proceeding with Transource Energy’s Independence Energy Connection transmission project years after Pennsylvania regulators denied it a certificate of public convenience and need.
Shutterstock
A data center campus planned in western Pennsylvania would include up to 4.5 GW of on-site gas-fired generation and be the largest facility of its kind in the U.S., a group of developers announced.
© RTO Insider
Several state legislatures within the PJM footprint are considering bills that would mandate public utilities report every vote they cast at the RTO, with some also requiring a description of how those actions would benefit ratepayers.
Constellation Energy
FERC received several protests to Constellation's proposed purchase of Calpine, with PJM's Monitor arguing the companies need to make additional commitments to preserve competition in the RTO.
Casey Monaghan, CC-BY-SA 2.0, via Wikimedia
Spiking capacity prices in PJM have PPL and Exelon pushing for a potential return to utility-owned generation in Pennsylvania, which three former PUC chairs warned would be harmful to consumers.
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The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.
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