Electricity Market
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TrendsPJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation
Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant implications for the regional transmission organization (RTO). The 2025/2026 BRA—a competitive capacity auction that procures power supply resources in advance of the delivery year to […]
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Full CoverageSPP Set to Become First RTO Straddling Eastern and Western Interconnections
The Southwest Power Pool (SPP) is poised to become the first regional transmission organization (RTO) to provide coordinated operation across the Eastern and Western Interconnections, bridging a historic gap to potentially boost regional reliability, savings, and efficiencies. SPP, which has operated as an RTO since 2004, currently has 110 member companies in its Eastern Interconnection […]