#CapacityAuctions

Cozzy Energy Solutions

@energysolutions.bsky.social

2 days ago

PJM Seeks Price Control Extension Amid Reliability Concerns - Cozzy Energy Solutions PJM Interconnection has formally requested a modification to its operational guidelines, seeking to prolong existing price controls within its capacity auctions. The proposal, formally submitted on February 27, 2026, aims to extend the current price ceiling of $325 per megawatt and a price floor of $175 per megawatt through the 2028/2029 and 2029/2030 delivery years.

PJM Seeks Price Control Extension Amid Reliability Concerns #PJM #EnergyMarkets #CapacityAuctions #PriceControls #ResourceAdequacy #PowerGrid

Cozzy Energy Solutions

@energysolutions.bsky.social

1 week ago

PJM Seeks FERC Approval for Faster Interconnection and Price Controls - Cozzy Energy Solutions PJM Interconnection has formally requested Federal Energy Regulatory Commission approval for two initiatives designed to streamline the integration of new power generation and moderate potential increases in capacity prices. The petition, submitted on February 27, 2026, addresses the escalating demand for electricity, largely attributed to the expansion of data centers. One proposal introduces an “expedited

PJM Seeks FERC Approval for Faster Interconnection and Price Controls #PJM #EnergyGrid #CapacityAuctions #PowerGeneration #DataCenterDemand #FERC

ESAI Power

@esaipower.bsky.social

1 week ago

We offer complimentary tracking of upcoming #capacityauctions across #PJM, #NYISO, #ISONE, and #MISO, helping market participants monitor timelines, qualification windows, and market rule developments that affect reliability and resource planning.

Learn more: buff.ly/sJOPd87

#CapacityMarkets

ESAI Power

@esaipower.bsky.social

3 weeks ago

Our Contact page makes it simple to reach our team for inquiries about services, data products, and custom solutions in energy markets.

Learn more: buff.ly/NbvFbCm

#CapacityAuctions #EnergyMarkets #ContactUs

Cozzy Energy Solutions

@energysolutions.bsky.social

3 weeks ago

Delaware Fights to Keep Electricity Costs Down - Cozzy Energy Solutions Delaware’s Public Advocate is advocating for PJM Interconnection to maintain a price cap within its capacity auctions, citing concerns about potentially billions of dollars in increased costs for electricity consumers. Jameson Tweedie, Delaware Public Advocate, formally requested the extension from PJM on January 30th. PJM agreed on February 12th to pursue an extension of the

Delaware Fights to Keep Electricity Costs Down #PJM #EnergyPrices #ElectricityRates #ConsumerProtection #CapacityAuctions #DataCenterCosts

Cozzy Energy Solutions

@energysolutions.bsky.social

3 weeks ago

Delaware Fights to Keep Electricity Costs Down - Cozzy Energy Solutions Delaware’s Public Advocate is requesting PJM Interconnection to prolong a price cap on capacity auctions to prevent potential increases in electricity costs for consumers. Jameson Tweedie, Delaware’s Public Advocate, formally requested the extension on January 30th, and PJM has agreed to pursue it for upcoming auctions. PJM conducts capacity auctions to ensure adequate electricity generation

Delaware Fights to Keep Electricity Costs Down #PJM #ElectricityPrices #CapacityAuctions #EnergyMarket #ConsumerProtection #PowerGeneration

Cozzy Energy Solutions

@energysolutions.bsky.social

3 weeks ago

Price Caps and Power: A Risky Move for PJM - Cozzy Energy Solutions PJM Interconnection will institute price caps in future capacity auctions for a two-year period, responding to pressure from Pennsylvania Governor Josh Shapiro. This action mirrors a similar intervention implemented for the July 2025 auction. The newly imposed price controls are intended to mitigate potential increases in electricity costs for consumers. However, the measure raises concerns

Price Caps and Power: A Risky Move for PJM #PJM #ElectricityPrices #PowerOutages #EnergyInfrastructure #CapacityAuctions #RenewableEnergy

Cozzy Energy Solutions

@energysolutions.bsky.social

1 month ago

FERC Authority Upheld in PJM Auction Dispute - Cozzy Energy Solutions A federal appeals court has affirmed the Federal Energy Regulatory Commission’s (FERC) authority regarding the participation of energy efficiency resources in electricity capacity auctions managed by PJM Interconnection. The D.C. Circuit’s decision, announced Tuesday, supports FERC’s previous endorsements of a proposal by PJM Interconnection to exclude energy efficiency resources from these auctions. PJM Interconnection operates

FERC Authority Upheld in PJM Auction Dispute #PJM #EnergyEfficiency #FERC #GridOperator #CapacityAuctions #EnergyLaw

ESAI Power

@esaipower.bsky.social

1 month ago

Our #NYISO #CapacityAuctions Calendar highlights upcoming auction windows and key planning milestones within the NYISO capacity market, offering a structured view of seasonal auction timing and delivery periods.

Learn more: buff.ly/JC9e2el

#EnergyPlanning

Cozzy Energy Solutions

@energysolutions.bsky.social

1 month ago

Data Centers Are Straining US Grids: Proposed Emergency Auction Seeks to Stabilize Costs - Cozzy Energy Solutions The PJM Interconnection, responsible for managing the electrical grid across multiple states, is facing significant hurdles as capacity costs skyrocket due to the rapid expansion of data centers, which now account for approximately 40% of its capacity expenses. In response, a proposed intervention from the Trump administration and several state governors aims to establish an emergency auction specifically for data centers in the PJM region, with the goal of mitigating escalating costs and stabilizing prices through the reinstatement of temporary price controls and incentives for power procurement from new sources.

Data Centers Are Straining US Grids: Proposed Emergency Auction Seeks to Stabilize Costs #PJM #Auction #DataCenters #ElectricityGrids #CapacityAuctions #EnergyMarket

ESAI Power

@esaipower.bsky.social

1 month ago

Our #ISONE Capacity Market Auctions Calendar outlines the schedule and evolving framework for Forward #CapacityAuctions in the New England region, including updates on timing for FCA 19 and related capacity market reforms.

Learn more: buff.ly/9SI9iJj

#EnergyMarkets

ESAI Power

@esaipower.bsky.social

2 months ago

Stay ahead of upcoming #NYISO #CapacityAuctions with our updated Calendar. This resource helps banking and investment professionals track key market timelines and capacity commitments.

Learn more: buff.ly/c4sHCpv

#EnergyMarket

ESAI Power

@esaipower.bsky.social

2 months ago

Keep track of upcoming #PJM #CapacityAuctions with our up-to-date auction calendar. This tool supports bankers and energy-sector investors in monitoring critical market deadlines and #CapacityCommitments.

Learn more: buff.ly/YGwvbGG

ESAI Power

@esaipower.bsky.social

2 months ago

Stay ahead of upcoming #NYISO capacity auctions with our #CapacityAuctions Calendar. This resource helps banking and investment professionals track key market timelines and capacity commitments.

Learn more: buff.ly/c4sHCpv

#EnergyMarkets

ESAI Power

@esaipower.bsky.social

2 months ago

Stay updated on ISO-NE capacity market timing with our Capacity Market Auction Calendar. This resource helps banking and investment professionals track auction dates and make informed capacity pricing decisions.

Learn more: buff.ly/Yiwx2in

#EnergyMarkets #CapacityAuctions #ISONE

Cozzy Energy Solutions

@energysolutions.bsky.social

3 months ago

Growing Concern Over Data Centers' Strain on Regional Power Grid and Affordability Reliability A growing concern is emerging over the impact of energy-intensive data centers on the regional power grid, particularly in Pennsylvania, where a surge in electricity rates has led to worries about affordability and reliability. The expansion of hyperscale facilities designed to support artificial intelligence, such as one proposed center that could consume the equivalent of 140,000 homes' worth of electricity, is driving up demand for power, leading to increased transmission costs, energy market prices, and capacity market prices, with prices reaching as high as $269.92 per megawatt-day in recent auctions.

Growing Concern Over Data Centers' Strain on Regional Power Grid and Affordability Reliability #PJM #DataCenters #PowerGrid #Reliability #Affordability #CapacityAuctions

ESAI Power

@esaipower.bsky.social

3 months ago

Get to know ESAI Power and our mission, values, and the expert team behind our #EnergyMarket analysis and consulting. Discover how we help clients navigate #CapacityAuctions, markets, and emissions data with clarity and integrity.

Learn more: buff.ly/IH7PJFh

#PowerAnalytics

Cozzy Energy Solutions

@energysolutions.bsky.social

3 months ago

America's largest electricity market faces critical juncture as it grapples with rapid expansion of data centers. The independent market monitor of America's largest electricity market has escalated tensions by filing a complaint with federal regulators, urging PJM Interconnection to halt the connection of new large data centers that it cannot reliably serve. This move is part of a months-long debate among utilities, power producers, consumer advocates, and elected officials seeking solutions to accommodate the surge in data center demand without driving up electricity prices, which have already increased by 20% in some areas due to the added costs of capacity auctions on the grid's reliability.

America's largest electricity market faces critical juncture as it grapples with rapid expansion of data centers. #PJM #Datacenters #ElectrictyMarket #PJM #CapacityAuctions #GridReliability

Cozzy Energy Solutions

@energysolutions.bsky.social

3 months ago

PJM Wholesale Electricity Prices Surge 44% in First Nine Months of 2025 A recent report from Monitoring Analytics reveals a significant surge in wholesale electricity prices in the PJM Interconnection region during the first nine months of 2025, with average locational marginal price increasing by 47% compared to the same period in 2024. The primary drivers of this increase were rising fuel and consumable costs, as well as transmission penalties and scarcity pricing, resulting in a 44% year-over-year increase in overall wholesale power costs, with energy costs making up the majority of these expenses.

PJM Wholesale Electricity Prices Surge 44% in First Nine Months of 2025 #PJM #ElectricityPrices #PJMWholesale #EnergyMarket #CapacityAuctions #CongestionCosts

Cozzy Energy Solutions

@energysolutions.bsky.social

4 months ago

PJM's Wholesale Electricity Markets Show Mixed Results in Early 2025 Here is a concise summary paragraph highlighting the mixed results of PJM's wholesale electricity markets in early 2025: A recent report from Monitoring Analytics, LLC, reveals that PJM's wholesale electricity markets showed both competitive and non-competitive outcomes during the first nine months of 2025. While the market demonstrated competitiveness in certain aspects, capacity market auctions failed to exhibit optimal behavior, leading to increased wholesale energy prices by 47.2% compared to the same period in 2024, largely driven by higher fuel and consumables costs as well as transmission constraints.

PJM's Wholesale Electricity Markets Show Mixed Results in Early 2025 #PJM #ElectricityMarket #PJM #WholesalePrices #CapacityAuctions #GridReliability

Cozzy Energy Solutions

@energysolutions.bsky.social

4 months ago

PJM Submits Proposal for Revisions to Capacity Auction Rules as Part of Periodic Review Process PJM has submitted a proposal to the Federal Energy Regulatory Commission (FERC) as part of its Periodic Review process, aiming to balance affordability with the need for secure generation investment in order to ensure future grid reliability. The proposed revisions to its capacity auction rules, developed jointly with the Pennsylvania Public Utilities Commission, received broad support from PJM stakeholders and would establish zone-specific caps ranging from $483/MW-day to $785/MW-day, while capping overall auction prices at approximately $550/MW-day for the 2028/2029 delivery year.

PJM Submits Proposal for Revisions to Capacity Auction Rules as Part of Periodic Review Process #PJM #CapacityAuctions #PJM #FERC #Electricity #MarketReform

ESAI Power

@esaipower.bsky.social

4 months ago

PJM Capacity Auction Calendar ESAI Power is a market research and consulting firm that delivers focused analysis of the wholesale power markets in the Northeast.

#PJM’s Reliability Pricing Model (RPM) ensures long-term grid reliability by securing future power resources through its #CapacityAuctions. ESAI Power tracks upcoming Base Residual and Incremental Auctions, helping investors and generation owners anticipate market movements.

Cozzy Energy Solutions

@energysolutions.bsky.social

5 months ago

PJM Interconnection Faces Scrutiny Over Rising Electricity Costs The PJM Interconnection, a regional grid operator managing electricity flow across 13 states and Washington D.C., is facing increased criticism over rising electricity costs due to complex capacity auctions that critics argue are prone to manipulation and lack transparency. The organization's operations have been criticized for their perceived unfairness and market manipulation, with former FERC Chairman Mark Christie describing the auction models as "Rube Goldberg-esque" and "unjust and unreasonable." As concerns mount, calls for greater public accountability and scrutiny of PJM's practices are being made in order to address growing suspicions about the organization's impact on electricity prices.

PJM Interconnection Faces Scrutiny Over Rising Electricity Costs #PJM #EnergyCosts #PJM #CapacityAuctions #GridManagement #Regulatory Oversight

Cozzy Energy Solutions

@energysolutions.bsky.social

7 months ago

Pennsylvania Electricity Consumers Face Looming Bill Increase Amid Strained Infrastructure Pennsylvania electricity consumers are facing a looming increase in their bills due to projected price surges over the next year, primarily driven by the retirement of older power generation facilities and strained infrastructure. As consumer demand remains high, the existing supply is being reduced, leading to anticipated rises in electricity costs that will disproportionately affect lower- and middle-income households, potentially resulting in accumulated debt and service disconnections unless addressed through strategic solutions such as expanding solar power generation and upgrading transmission infrastructure.

Pennsylvania Electricity Consumers Face Looming Bill Increase Amid Strained Infrastructure #PJM #PennsylvaniaElectricity #CapacityAuctions #EnergyCostIncrease #SolarPower #UtilityRegulation

ESAI Power

@esaipower.bsky.social

7 months ago

ESAI Power delivers in-depth, continuously updated analysis of #capacity markets in NYISO, ISO-NE, PJM, and MISO. Our forecasts include detailed pre- and post-auction insights for major #capacityauctions and accounting for key market drivers like load growth. buff.ly/38P3S61

Cozzy Energy Solutions

@energysolutions.bsky.social

8 months ago

ISO New England Releases Updated Wholesale Markets Project Plan for 2025 ISO New England recently released an updated Wholesale Markets Project Plan (WMPP) as of June 2025. This document provides a snapshot of the progress on 13 key initiatives impacting the region’s wholesale electricity markets. The WMPP is a recurring publication, released both in the summer and winter months. It complements the ISO’s Annual Work Plan, which is issued during the spring and fall. ISO New England consistently works on various projects to improve and evolve the wholesale electricity markets. A major focus currently is the Capacity Auction Reforms, which involves shifting to a prompt and seasonal capacity market and revising capacity accreditation processes. The comprehensive WMPP webpage serves as a central resource, bringing together the Annual Work Plan, the WMPP itself, details on key projects, a record of completed market design projects, the NEPOOL Markets Committee Two-Month Look-Ahead Forecast, and agendas and materials from Markets Committee meetings. Additional resources are readily accessible, including direct links to Federal Energy Regulatory Commission filings and orders, and the ISO’s Participant Readiness Project Outlook page, designed to keep market participants and others informed about these critical market-related developments.

ISO New England Releases Updated Wholesale Markets Project Plan for 2025 #ISONE #WholesaleElectricity #MarketReforms #CapacityAuctions #NEPOOL #RegulatoryUpdate

Cozzy Energy Solutions

@energysolutions.bsky.social

9 months ago

Maryland Challenges PJM Interconnection's Power Prices Amid Rising Electricity Bills Summer is approaching, and so are higher electricity bills. Maryland residents can expect to see increases of $15 to $18 per month starting June 1. However, Maryland is mounting a significant challenge to potentially cut that increase in half. The Maryland Public Service Commission, alongside a broad coalition of over 80 state legislators, has filed a complaint alleging flaws in how PJM Interconnection, the regional power grid operator, sets energy prices. PJM manages electricity distribution for 65 million people across 13 states. A key issue stems from PJM's capacity auctions, complex processes where power plant operators bid to guarantee electricity supply during peak demand. This year's auction resulted in a dramatic spike: wholesale capacity prices soared by over 800%, a record increase for PJM. Maryland’s Office of the People’s Counsel (OPC) and the Public Service Commission (PSC) contend that these results are not only shocking but also the product of fundamental flaws. They allege that PJM artificially inflated auction prices by excluding two Maryland power plants, Brandon Shores and Wagner, from the supply pool. While initially slated for retirement, these plants were mandated to remain operational under "Reliability Must-Run" agreements to ensure grid stability. Critically, their substantial output (over 2,000 megawatts) was not factored into the auction. Regulators argue this created a false impression of a supply shortage. David S. Lapp, Maryland People’s Counsel, estimates this omission inflated the auction price by $4 to $5 billion, directly impacting customer bills. PJM defends its actions, asserting the auction results are “just and reasonable” and adhere to existing rules. They attribute rising prices to increased electricity demand, particularly driven by the growth of data centers. PJM also points to a net loss of generation resources – 6,000 MW retired since 2018 with only 1,600 MW added – and asserts Maryland requires additional energy infrastructure. Maryland's challenge has gained considerable momentum, with over 80 state lawmakers supporting the complaint urging the Federal Energy Regulatory Commission (FERC) to intervene. Exelon, the parent company of Pepco, BGE, and other regional utilities, emphasizes its commitment to keeping customers informed about rising energy costs and exploring solutions to manage the impact on bills.

Maryland Challenges PJM Interconnection's Power Prices Amid Rising Electricity Bills #PJM #Maryland #PJM #ElectricityPrices #CapacityAuctions #EnergyRegulation

Cozzy Energy Solutions

@energysolutions.bsky.social

10 months ago

FERC Sets Pricing Structure for PJM Interconnection's Capacity Auctions to Stabilize Electricity Market FERC has greenlit a new pricing structure for PJM Interconnection's capacity auctions, establishing both a maximum price (a cap) and a minimum price (a floor). This decision, impacting a significant portion of the U.S. electricity market, responds to previously observed record-high capacity prices that were deemed unsustainable and detrimental to electricity consumers. The aim is to foster a more stable and predictable electricity market environment. The implemented price cap is designed to prevent extreme price spikes in capacity auctions, while the price floor guarantees generators a minimum level of compensation for their capacity commitments. PJM Interconnection, as the regional transmission operator for the Mid-Atlantic and Midwest, will oversee this new system. Previously, soaring capacity prices, while initially signaling a need for increased generation, ultimately discouraged investment in new resources. The price cap and floor are intended to moderate this investment signal, encouraging appropriate generation development without the volatility seen in recent auctions. Concerns have been raised, particularly regarding the price cap's potential to reduce generator participation, which could inadvertently lead to capacity shortages. Pennsylvania Governor Shapiro voiced apprehensions about the cap's potential impact. The anticipated consequences of this regulatory shift are multifaceted. Electricity consumers may see more stable and potentially lower electricity prices. Utilities will benefit from reduced volatility in capacity costs, simplifying their planning and supply management. Power generators will experience a guaranteed minimum revenue through the price floor, although some may express concern over the cap’s limitations on potential earnings. Ultimately, all stakeholders within the PJM region, encompassing utilities, generators, and regulators, will be affected by these altered rules, creating a new framework for capacity market operations.

FERC Sets Pricing Structure for PJM Interconnection's Capacity Auctions to Stabilize Electricity Market #PJM #CapacityAuctions #FERCregulation #ElectricityMarket #PJMInterconnection #USenergy