Markets

From pandemic shut-ins to production booms, arctic blasts to record heatwaves, the U.S. gas market in the 2020s has been volatile. But while many analyses have pointed the finger at increases in liquefied

Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new Federal Energy Regulatory Commission (FERC) rules. The regional transmission organization’s (RTO’s) competitive Base Residual Auction (BRA), conducted on July 9, 2025, and released on July 22, secured 134,311 […]

As renewable energy becomes the foundation of electricity systems around the world, the importance of stationary battery storage is no longer in question. Lithium-ion batteries are being deployed at unprecedented rates to support grid reliability, integrate variable generation, defer infrastructure upgrades, and provide flexible capacity across multiple electricity markets. These systems are now considered critical […]

PPL Corp. and investment giant Blackstone Infrastructure have formed a joint venture to build, own, and operate natural gas combined-cycle generation plants in Pennsylvania specifically designed to serve data center loads through long-term energy service agreements (ESAs). The partnership, unveiled at the Pennsylvania Energy and Innovation Summit in Pittsburgh on July 15, represents a strategic […]

Proposals of up to 500 MW of firm, dispatchable capacity and associated energy requested. NURSERY, Texas, July 14, 2025 — South Texas Electric Cooperative Inc. (STEC) today issued a request for proposals (RFP) through which it seeks to obtain long-term generating capacity and associated energy. The RFP solicits bids for up to 500 megawatts (MW) […]

Most people are familiar with propane. Large silver-colored tanks are often used to store propane intended to heat rural homes and propane is a common fuel used in backyard cooking grills. But behind these

As billions of dollars flood into the historically niche electricity sector, U.S. power generation is having a moment and entering what may be its most consequential investment cycle in decades. The U.S. power space saw record levels of capital investments in 2024. These billions in new investments are coming not just from legacy participants, but […]

In a new pilot program, the U.S. Department of Energy (DOE) issued an ambitious challenge: bring at least three advanced nuclear test reactors to criticality by July 4, 2026. Announced in June, the program sidesteps traditional Nuclear Regulatory Commission (NRC) licensing, seeking instead to authorize full-scale reactors on private sites through DOE’s internal review process. […]

The U.S. Department of Energy (DOE) has launched a novel pilot program that will allow private developers to build and operate full-scale advanced nuclear test reactors outside of the national laboratory system, without a license from the Nuclear Regulatory Commission (NRC). Through a new authorization model grounded in the Atomic Energy Act and a Trump-era […]

The advent of President Trump’s second term has heralded significant changes for the U.S. energy industry, and savvy private equity investors are adapting. Six months down the road, the reprioritization of investment opportunities by such savvy private equity investors has delineated some clear—and familiar—near-term winners. Two of the top five private equity investment trends in […]