January 18, 2025

LS Power

Algonquin Power
LS Power Completes Purchase of Algonquin Power’s Renewables
LS Power closed on its deal to buy Algonquin Power's renewable business, adding thousands of megawatts around North America along with a deep development pipeline of clean energy projects.
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PJM Capacity Market in Flux Going into 2025
PJM heads into 2025 with several proposals before FERC seeking to rework its capacity market and generator interconnection queue, while stakeholders work on an expedited Quadrennial Review of the market and changes to resource accreditation.
Calpine
NEPOOL Markets Committee Briefs: Dec. 10, 2024
ISO-NE continued work with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee meeting, previewing 2025 discussions on the transition to a prompt capacity auction.
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Mass. Gov. Healey Preaches Collaboration at Energy Conference
Massachusetts Gov. Maura Healey emphasized the importance of collaboration among Northeastern states, provincial governments, energy companies, and labor groups at the New England Energy Summit.
ISO-NE
ISO-NE Stakeholders Respond to Potential Long-term Transmission RFP
Stakeholders expressed widespread support for the goals of NESCOE’s proposed procurement of transmission solutions in Maine and New Hampshire, while offering differing views on the scope and format of the solicitation.
Pennsylvania PUC
Pennsylvania PUC Examines PJM’s Tightening Reserve Margin
Pennsylvania regulators hosted several panels to discuss PJM's tightening reserve margins and how the PUC should respond to the situation, which at least promises more high prices in the near future before new supplies can come online.
PJM
PJM PC/TEAC Briefs: Nov. 6, 2024
PJM’s Planning Committee endorsed an issue charge to examine a “disconnect” around risk modeling showing loss of load risk has shifted from summer peaks to the winter and the calculation of zonal capacity emergency transfer limits.
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PJM MRC Briefs: Oct. 30, 2024
The PJM Markets and Reliability Committee endorsed two issue charges sponsored by LS Power addressing the transparency and functionality of PJM’s marginal effective load-carrying capability accreditation methodology.
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Panels Debate PJM Capacity Market Design at OPSI Annual Meeting
Panels during the OPSI Annual Meeting discussed the 2025/26 capacity auction yielding an eightfold jump in prices, as well as possible changes to the subsequent auction.
CAISO
CAISO Board Approves Moving Forward with SWIP-N Transmission Line
The CAISO Board of Governors unanimously approved changes to the Southwest Intertie Project-North, a 285-mile, 500-kV line in Nevada that would enable access to Idaho wind resources, despite opposition from Gem State residents.

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