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pjm


Are PJM’s Plunging Capacity Prices a Harbinger of Power Markets’ Demise?

Few observers outside the electric utility industry understand the U.S. power grid, often called the world’s largest machine. It’s three grids, actually—the Eastern Interconnect, the Western Interconnect, and the Texas…


LS Power to Acquire Natural Gas Power Plant From ArcLight Capital Partners

NEW YORK, New York (June 23, 2022) — LS Power today announced that it has reached an agreement with an affiliate of ArcLight Capital Partners, LLC to acquire the Rolling Hills…


Competition Is More Important Than Ever to Tackle Today's Energy Challenges

As we commemorate another Earth Day this April, the challenges facing our energy systems and the environment seem more pressing than ever. Americans face continued economic uncertainty following the COVID-19…


CPS Energy Exploring Novel Geomechanical Pumped Storage Technology

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore installing up to 15 MW of…


Market Transitions: The MOPR Merry-Go-Round

The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids. In…