PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.

Canadian utility SaskPower and SPP have signed a 20-year agreement to more than quadruple transmission capacity between the two entities.

The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.

With three coal plants slated for closure within the next 10 years, Arizona regulators, utilities and communities are exploring ways to repurpose the facilities.

Illinois’ climate goals could cost other states in PJM and MISO tens of millions in transmission upgrades as coal and natural gas power plants are retired.

PJM's Operating Committee heard proposals on improving the dispatch of renewables, changes to max emergency status and a new cold weather advisory.

PJM transmission owners led by Dominion presented the Transmission Expansion Advisory Committee with more than $400 million in supplemental projects.

The U.S. House passed the Inflation Reduction Act, sending the $740 billion package of tax, health and climate provisions for President Biden’s signature.

A panel of industry analysts presented their estimates of how much the Inflation Reduction Act would reduce emissions and its impact on household energy costs.

The mood was almost euphoric as the CEC adopted the nation’s most ambitious long-term offshore wind goals, targeting up to 5 GW by 2030 and 25 GW by 2045.