Power, markets, flexible RA,and the money behind the grid
Topic
10 stories on this topic, across the desks.
MARKETS
PJM wanted new large loads to bring their own capacity or be curtailed first in emergencies. FERC rejected the mechanism on jurisdictional grounds — leaving state prepayments and a capacity market pinned at its cap to carry the cost.
GRID
MISO wants FERC to let it study very large loads and their paired generation together in 120 days — in exchange for a 15-year lock that turns a connection request into a long-term commitment.
MARKETS
PJM's one-time Reliability Backstop Procurement was supposed to buy new capacity outside the regular auction. FERC accepted it, suspended it for five months, and left the hardest question — who pays — unanswered.
GRID
A four-day federal emergency order lets PJM dispatch specified units and, as a last resort, call on backup generation — a sign that tight conditions are no longer confined to summer peaks.
MARKETS
Google Energy's new Category 2 seller designation is the regulatory paperwork for the hyperscaler era — and a test of how wholesale markets treat buyers who become generators.
DATA
Duke Energy's settlement with the North Carolina Public Staff makes large loads pay upfront — cost allocation in practice, with the clean-supply question conspicuously deferred.
MARKETS
The Ratepayer Protection Act fell three votes short in the Senate — but its core principle, that large loads should pay for the grid they use, has resurfaced tougher inside the permitting bill.
INVESTING
The three risks that define energy returns — what they are, how they compound, and how serious investors manage them.
MARKETS
In some states a monopoly utility sells you power at regulated rates; in others you choose among competing retailers. The difference shapes everything.
GRID
Three jobs, one machine: where power is made, how it travels, and who runs each part.