Pennsylvania has withdrawn from the Regional Greenhouse Gas Initiative as part of an overdue budget compromise signed by Gov. Josh Shapiro.

The PJM Market Implementation Committee voted to endorse two packages of revisions to key parameters of the capacity market out of six offered by PJM and stakeholders that resulted from the Quadrennial Review.

The U.S. Third Circuit Court of Appeals ruled that the Pennsylvania Public Utility Commission violated the Constitution in denying Transource Energy permits necessary to construct the Independence Energy Connection transmission project.

FERC and state regulators examined issues around ISO/RTO governance during a meeting of the Federal-State Current Issues Collaborative in Boston, with members from PJM pushing for the biggest changes.

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 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.

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.

Exelon CEO Calvin Butler told investors the utility's data center forecast has increased about 80% during an earnings call.

DOE awarded $371 million to state regulatory agencies to accelerate transmission permitting and to communities impacted by major interstate projects.