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The PJM Market Implementation Committee endorsed by acclamation an RTO-sponsored issue charge to consider changes to how resources committed in advance of the day-ahead market are offer capped.
Kenneth Wajda / Yes Energy
Attendees at Yes Energy's annual summit, EMPOWER 25, discussed the Trump administration, pending ERCOT market changes, the future of wind power generation and uses for artificial intelligence, among other topics.
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Ontario Premier Doug Ford followed through on a threat to implement a 25% tariff on electricity exports to the US, a response to President Trump's own 10% tariff that went into effect last week.
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Prospects of load growth driven by electrification and artificial intelligence have buoyed utility stocks in recent months, but attendees at Yes Energy’s annual summit questioned how much of the load will materialize and warned of the potential for stranded assets.
PJM
PJM gave more detail on its plan to scale back a 30% adder it added on the synchronized and primary reserve requirement in May 2023.
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The PJM Market Implementation Committee endorsed a proposal to revise the base formula rate for compensating black start resources.
NYISO
NYISO and its stakeholders continued their review of the capacity market’s structure with at-times philosophical debate on the market’s purpose in New York
NYISO
NYISO presented its assumptions for the economic and electrification trends that would drive load growth through the 2040s based on Moody’s Analytics data, which show statewide population to “significantly” decline.
Shutterstock
The new grid infrastructure needed for data center buildout is being unevenly subsidized by other ratepayers through minimally publicized utility agreements, a report charges.
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Incoming SPP CEO Lanny Nickell told attendees at the Energy Synergy Summit that infrastructure is the key to managing the energy transition.
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