We’ve published the updated #MISO Planning Resource Auction calendar outlining key offer, bid, and results dates for the 2026-2027 and 2027-2028 capacity auctions to support effective planning #CapacityMarket #EnergyMarkets.

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Our Capacity Watch delivers timely insights into #CapacityMarket dynamics, auction results, and clearing outcomes across major Eastern U.S. capacity markets.

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#PowerInsights

Maryland Secures Billions in Energy Savings - Cozzy Energy Solutions Governor Wes Moore announced Friday that the PJM Interconnection’s governing board has approved a continuation of the capacity market price cap, a policy intended to reduce electric bills for consumers. Moore said the action prioritizes the financial well-being of Maryland residents over the interests of PJM companies and their investors. He added that the continued

Maryland Secures Billions in Energy Savings #PJM #ElectricBills #EnergyPrices #ConsumerProtection #CapacityMarket #Maryland

Moore Secures Price Cap Extension for Lower Energy Costs - Cozzy Energy Solutions Governor Wes Moore announced the PJM Interconnection’s Board of Managers has approved an extension of its capacity market price cap, effective until the end of the decade. The extension follows advocacy from Moore and 13 other governors, intended to limit potential rises in electricity rates during ongoing market reforms. Maryland officials project the extension will

Moore Secures Price Cap Extension for Lower Energy Costs #PJM #EnergyPrices #ElectricityRates #CapacityMarket #RenewableEnergy #EnergyPolicy

Capacity Market Changes: A Look at ISO New England’s Methodology - Cozzy Energy Solutions ISO New England Releases Methodology for Capacity Market Changes ISO New England has released information concerning the procedures used to assess the potential consequences of proposed revisions to the capacity market. This disclosure precedes the publication of the initial results of the analysis. The analysis, focused on Capacity Auction Reform (CAR) impact, utilizes specific assumptions

Capacity Market Changes: A Look at ISO New England's Methodology #ISONE #CapacityMarket #ISONewEngland #EnergyReform #RenewableEnergy #DataCenters

IESO Demand Response Program Under Review - Cozzy Energy Solutions The Independent Electricity System Operator is reviewing its hourly demand response program due to issues with partial activations and a rise in standby notifications. The 2025 procurement process secured capacity through hourly demand response, which accounted for over half the total secured. Hourly demand response is divided into two categories: virtual and physical. Virtual hourly

IESO Demand Response Program Under Review #IESO #DemandResponse #IESO #EnergyMarket #HourlyDemandResponse #CapacityMarket

Our #CapacityMarket Auction Calendars provides consolidated schedules and evolving structural details for upcoming capacity auctions across #PJM, #NYISO, #ISONE, and #MISO forward capacity markets to support planning and analysis.

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#EnergyInsights

In this episode, Adam Bell breaks down how the UK Capacity Market is encouraging investors to gamble on future political change, rather than delivering a managed decline of gas. #EnergyRevolution #AdamBell #EnergyPolicy #CapacityMarket #Gas #NetZero #EnergyTransition #UKEnergy #PowerMarkets

AEP Utilities Seek to Divest Excess Capacity Due to Unfulfilled Data Center Projects American Electric Power (AEP) utilities are seeking to sell off excess electricity capacity originally set aside for data centers that never materialized, citing a desire to increase capacity availability and reduce prices for consumers. AEP has requested a waiver from FERC rules to allow it to offer up to 750 MW of power in an upcoming auction, with PJM Power Providers Group (P3) supporting the request, but Monitoring Analytics is challenging the proposal, arguing that it would unfairly compete with generators who bear market risk and undermine the market's stability.

AEP Utilities Seek to Divest Excess Capacity Due to Unfulfilled Data Center Projects #PJM #AEP #CapacityMarket #FERC #DataCenter #PJM

Data Centers Integration into PJM Capacity Market to Address Grid Reliability Concerns The PJM Interconnection region's rapid expansion of data centers poses significant concerns about grid reliability and infrastructure strain, prompting governors from Virginia, Maryland, Pennsylvania, and New Jersey to propose an innovative solution: integrating data centers into the capacity market as flexible load resources, offering compensation in exchange for curtailing energy consumption during periods of grid stress.

Data Centers Integration into PJM Capacity Market to Address Grid Reliability Concerns #PJM #DataCenters #GridReliability #CapacityMarket #EnergyEfficiency #PJMInterconnection

Data Centers Strain Regional Power Grids and Electricity Prices The rapid expansion of data centers is placing a significant strain on the PJM Interconnection power grid, particularly in the Illinois and Pennsylvania regions, as projections indicate that an additional 22 to 30 gigawatts of electricity will be required by 2031. This surge in demand poses a major challenge for regional power grids, resulting in increased capacity charges for consumers, with costs potentially rising dramatically, adding up to $70 per month on average electricity bills, and raising the risk of rolling blackouts if left unaddressed.

Data Centers Strain Regional Power Grids and Electricity Prices #PJM #DataCenters #ElectricityPrices #PowerGrids #CapacityMarket #Blackouts

Marylands residents along with customers in the broader PJM region are currently absorbing substantial costs linked to the capacity market and transmission upgrades needed to accommodate the expanding data center sector The rapidly growing demand for data centers in Maryland is having a significant impact on local residents and businesses in the PJM region, as they absorb substantial costs related to the capacity market and necessary transmission upgrades. These expenses, totaling billions of dollars, are currently being passed on to consumers through regulatory mechanisms, placing an increasing burden on households and businesses within the affected areas.

Marylands residents along with customers in the broader PJM region are currently absorbing substantial costs linked to the capacity market and transmission upgrades needed to accommodate the expanding data center sector #PJM #DataCenter #CapacityMarket #Maryland #PJMRegion #TransmissionUpgrades

Maryland Electric Customers Face Higher Bills Due to 800% Surge in Capacity Market Auction Prices A significant surge in electricity demand, largely driven by rapidly expanding data centers, is placing undue stress on Maryland's power grid, resulting in a 800% price increase in the 2024 capacity market auction. This unprecedented jump has led to projected monthly bills of approximately $30 for BGE customers during the fall and spring of 2025, with no expected additional charges during the summer months. The Maryland Office of People’s Counsel has filed a complaint with federal authorities in an effort to secure refunds for affected consumers, while regulatory changes have been implemented to mitigate similar price fluctuations in the future.

Maryland Electric Customers Face Higher Bills Due to 800% Surge in Capacity Market Auction Prices #PJM #ElectricityPrices #CapacityMarket #AuctionResults #PowerGrid #BGEcustomers

Maryland Electricity Consumers Face Notable Increase in Monthly Bills Due to Capacity Market Strains and Grid Upgrades Maryland's electricity consumers are facing a noticeable increase in their monthly bills due to a complex interplay of factors affecting the state's energy infrastructure and market dynamics. A key driver is the recent strain on Maryland's capacity market, which has resulted in escalated prices passed on to residents as the system tries to guarantee adequate power generation to meet demand. Beyond this, costs associated with grid upgrades and renewable energy expansion are also contributing to higher bills, leading to increased dissatisfaction among consumers who feel they lack control over their energy expenses.

Maryland Electricity Consumers Face Notable Increase in Monthly Bills Due to Capacity Market Strains and Grid Upgrades #PJM #MarylandElectricity #RateIncreases #CapacityMarket #GridUpgrades #RenewableEnergy

PJM Interconnection Faces Complex Set of Hurdles in Turbulent Energy Market The PJM Interconnection is facing a complex set of challenges as it struggles to balance energy supply and demand amidst rising costs and tightening energy supplies nationwide. The unique structure of the wholesale market, comprising 13 states with diverse energy policies, has created difficulties in building new generation resources, leading to increased reliance on costly curtailment strategies and measures to manage growing data center development.

PJM Interconnection Faces Complex Set of Hurdles in Turbulent Energy Market #PJM #EnergyMarket #DataCenterDevelopment #GridIntegration #TransmissionPlanning #CapacityMarket

PJM Introduces Critical Infrastructure Fast Path to Address Surge in Electricity Demand from Data Centers The PJM (Power Marketing Company) transmission operator is introducing the Critical Infrastructure Fast Path (CIFP) in response to a surge in electricity demand from rapidly expanding data centers, which are placing significant stress on the grid's ability to consistently deliver power. To address this issue, PJM aims to streamline planning and approval processes for large energy users through early engagement with developers, facilitating improved load forecasting and proactive planning, while also exploring potential financial contributions towards infrastructure upgrades and integration into its capacity market.

PJM Introduces Critical Infrastructure Fast Path to Address Surge in Electricity Demand from Data Centers #PJM #DataCenters #GridStability #ElectricityDemand #TransmissionUpgrades #CapacityMarket

Rising Electricity Prices Impact PJM Region Consumers Consumers in the PJM region, which includes Ohio and several Mid-Atlantic states, are facing significantly higher electricity prices due to a surge in demand and a complex web of issues with the region's capacity market auction system. Recent results have yielded unexpectedly high prices, driven by factors such as a backlog of new power plants awaiting grid connection, reduced perceived electricity supply, and economic growth fueled by electric vehicles. To mitigate the issue, Pennsylvania officials have introduced a "price collar," while organizations like NOPEC are urging consumers to conserve electricity, highlighting the need for systemic changes to address the interconnection backlog and reform the capacity market auction.

Rising Electricity Prices Impact PJM Region Consumers #PJM #ElectricityPrices #CapacityMarket #GridDemand #EnergyConservation #PJMRegion

2nd #BFF report inconvenient for #PGE and #Orlen with not a hint of media coverage in 🇵🇱 Utilities’ logos and advertorials all over the place, though. Held by the throat by fossil giants’ money, ain’t we?
#capacitymarket rigged to stop #storage from beating #gas 3rd year in a row is the core problem

FERC Conference Highlights PJM Capacity Market Concerns Over Rising Electricity Demand The recent Federal Energy Regulatory Commission (FERC) technical conference focused heavily on PJM and its capacity market, revealing significant concerns about its ability to meet rising electricity demands. A primary driver of this challenge is the rapid expansion of data centers across the PJM region, creating an unprecedented surge in electricity usage that is placing immense strain on the existing capacity market. Several speakers voiced criticisms regarding the market’s effectiveness in securing sufficient generation resources, pointing to consumer costs in the billions, past bankruptcies among independent power producers, and a discouraging effect on the construction of new generation facilities. Immediate corrective action was stressed to prevent further deterioration of the situation. Various stakeholders proposed solutions and potential changes to address the growing capacity shortfall. One suggestion involves requiring data centers to contribute to grid improvements or provide their own power generation. Several utility companies, including PPL and FirstEnergy, advocated for allowing utilities to build new generation facilities when market forces fail to do so, a move that would necessitate adjustments to state laws. PPL representative Wendy Stark emphasized the lengthy, 5-7 year timeframe required for power plant construction, underscoring the urgent need for action. Independent power producers (IPPs) are seeking greater regulatory stability and predictability to foster investment, suggesting a period for the market to stabilize. State utility regulators expressed a desire for a more substantial role in PJM's resource adequacy and transmission planning processes, noting their current limited influence. Furthermore, it was noted that PJM isn’t maximizing the use of existing resources, such as surplus interconnection capabilities, virtual power plants (VPPs), and grid-enhancing technologies (GETs). A shift to a seasonal framework for the capacity market was also put forward as a potential improvement. Beyond the central capacity market issues, other concerns were raised. States expressed frustration over their comparatively limited decision-making authority within PJM, contrasting it with the influence held in other regional transmission organizations. The complexity of potential solutions was highlighted by references to technical tools like Security Constrained Interconnection Service (SIS), VPPs, and GETs. FirstEnergy and PPL's calls for utilities to take a more active role in generation construction when markets falter were reiterated, with FirstEnergy’s Brian Tierney characterizing the current system as an expensive “advertising campaign.” Jacob Finkel of Pennsylvania championed the utilization of available resources to address the developing situation.

FERC Conference Highlights PJM Capacity Market Concerns Over Rising Electricity Demand #PJM #CapacityMarket #FERC #DataCenters #GridImprovement #GenerationFacilities

Data Centers Push PJM to Reassess Grid Stability Amid Rapid Expansion Data centers are rapidly expanding across the PJM region, fueled by the rise of cloud computing and artificial intelligence. This surge in construction is creating substantial pressure on PJM’s ability to consistently and reliably supply power to the grid. PJM, already dealing with peak demand challenges, is finding it increasingly difficult to maintain grid stability. The pace and magnitude of this data center growth are complicating PJM's long-term planning efforts. Accurate forecasting of future electricity requirements is crucial for effective infrastructure investment, and the current rate of growth makes this task significantly harder. There’s a growing recognition that the present market mechanisms may not be providing enough incentive for power generation investment to keep pace with demand. Experts suggest that adjustments are needed to better reflect the escalating power needs of data centers. This includes exploring ways to maximize the utilization of existing transmission infrastructure through grid-enhancing technologies. Ultimately, a reassessment of the capacity market structure may be necessary to ensure sufficient generation capacity is available to meet the growing demands of the data center industry and maintain a reliable power grid for the entire region.

Data Centers Push PJM to Reassess Grid Stability Amid Rapid Expansion #PJM #Datacenters #PJM #GridStability #PowerDemand #CapacityMarket

Gain Insights into Capacity Market and Demand Adjustment Strategies at SSK Seminar in 2025 Join industry experts at the SSK Seminar to explore the fundamentals of capacity and demand adjustment markets in the evolving energy sector.

Gain Insights into Capacity Market and Demand Adjustment Strategies at SSK Seminar in 2025 #Japan #Tokyo #EnergyPoolJapan #SSKSeminar #CapacityMarket

The Capacity Market Conundrum: Finding Nuance in Energy Scarcity and Reliability - Cozzy Energy Solutions The Capacity Market Conundrum: Finding Nuance in Energy Scarcity and Reliability Capacity markets have been touted as a solution to addressing energy scarcity and reliability issues. However, they are not without their limitations. Proponents argue that they can help ensure a stable supply of electricity by incentivizing generators to provide capacity during peak periods. Yet, these markets can also lead to market distortions and over-reliance on peaking plants. One of the primary concerns with capacity markets is that they can create an inefficient system where load-serving entities are incentivized to buy energy at high prices rather than investing in their own infrastructure. This can result in a vicious cycle where generators prioritize profits over reliability, leading to a shortage of power during scarcity events. The question remains, how can we ensure that these markets promote energy security without creating undue financial burdens? To address this issue, experts like James Bushnell propose several potential solutions. One approach is to implement a "live with the financial consequences" model, where load-serving entities that fail to meet their demand during scarcity events are forced to pay high prices for the energy they need to buy off the spot market. This approach acknowledges that energy scarcity can have significant financial implications and encourages generators to invest in their own infrastructure. Another potential solution is to create an energy-only market, where load-serving entities that fail to meet their demand are penalized with high prices. This approach ensures that generators are held accountable for their performance during scarcity events, but may also lead to higher costs for consumers. By incentivizing real-time performance, capacity sellers can generate energy when it is really needed, rather than just selling capacity in advance. The key takeaway from these proposals is that capacity markets require a nuanced approach to address the complexities of the power market. By acknowledging the limitations of these markets and implementing targeted solutions, we can promote energy security without creating undue financial burdens. Ultimately, the success of capacity markets depends on finding the right balance between promoting reliability and incentivizing investment in infrastructure. While they are not a one-size-fits-all solution to addressing energy scarcity and reliability issues, they do offer valuable insights into how to create a more efficient system. By embracing these complexities and exploring innovative solutions, we can work towards creating a more resilient and reliable power grid for the future.

The Capacity Market Conundrum: Finding Nuance in Energy Scarcity and Reliability #PJM #CapacityMarket #EnergyReliability #ScarcityMatters #InfrastructureInvestment #PowerGridResilience #EnergySecurity #MarketDistortion #PeakingPlants #LoadServingEntities #FinancialConsequences

PJM Capacity Market Design Changes Approved by FERC - Cozzy Energy Solutions PJM Capacity Market Design Changes Approved by FERC The Federal Energy Regulatory Commission has approved capacity market rule changes for PJM's upcoming auctions to address reliability and cost-effectiveness. The changes will support longer-term solutions to the imbalance of electricity supply and demand in PJM. The approved changes include recognizing the contribution of qualifying Reliability Must-Run units that may be reasonably expected to perform during capacity emergencies. These units are those generator units whose owners have announced their intention to retire but agree to keep them operational for a limited time while PJM addresses reliability issues caused by their deactivation. PJM expects to include two generating facilities - Wagner Units 3 and 4, and Brandon Shores Units 1 and 2 - in the capacity auctions for the 2026/2027 and 2027/2028 delivery years. The units are located in Anne Arundel County, Maryland, and have already negotiated compensation agreements to cover their extended operation. FERC has also approved PJM's proposal to maintain the gas-fired combustion turbine generation unit as the Reference Resource for the same auction cycles. This change is expected to reduce consumer rate impacts and market volatility while meeting resource adequacy targets. In addition, FERC accepted PJM's proposals to establish a uniform Non-Performance Charge Rate, codify the PJM Tariff to provide clarity to market participants, and remove reactive power compensation to resources, beginning with the 2026/2027 delivery year.

PJM Capacity Market Design Changes Approved by FERC #PJM #CapacityMarket #FERC #PJM #Reliability #EnergyRegulation

Mark Christie Takes Reins as FERC Chair, Eyes Simplifying PJM’s Complex Capacity Market System - Cozzy Energy Solutions Mark Christie comes to his new role as chair of the Federal Energy Regulatory Commission (FERC) with years of experience developing his thoughts on the Eastern grid operator plagued by spiraling costs and tightening power supplies. As he takes the helm, Christie prides himself on bluntly assessing PJM, which serves 65 million Americans in the

Mark Christie Takes Reins as FERC Chair, Eyes Simplifying PJM's Complex Capacity Market System #PJM #FERC #PJM #CapacityMarket #EnergyRegulation #GridModernization