A surge in U.S. LNG exports is driving up domestic natural gas prices and contributing to uncertainty about the reliability of the grid as winter begins.

The PJM Operating Committee has endorsed the winter weekly reserve target values, which are used to coordinate planned outages scheduled during winter.

FERC staff said the grid seems well positioned to weather the cold months. However, rising demand is expected to drive gas prices higher than last year’s.

ISO-NE is proposing changes to its winter fuel security plan to answer a court order and account for the swirling global natural gas markets.

NYISO foresees having adequate generating capacity margins for normal weather conditions this summer, without emergency operating actions.

Talen Energy filed for bankruptcy protection for its Talen Energy Supply subsidiary, citing rising natural gas prices and other challenges.

Vistra executives are confident their hedging strategy leaves the company “very well positioned” to take advantage of a tight natural gas market.

SPP’s Board of Directors approved the RTO’s fourth competitive transmission project, awarding a $55 million, 345-kV facility to NextEra Energy Transmission.

Rising natural gas prices and extreme weather pushed wholesale electricity prices higher in 2021, FERC said in its annual State of the Markets report.