The Tennessee Valley Authority is insisting its second rate increase in two years is necessary to build new generation despite the Southern Alliance for Clean Energy condemning the latest hike as clandestine and used to support fossil fuel investments.

Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.

PJM has decided not to refile several components of its proposed capacity market redesign that was rejected by FERC in February.

A lower court found Duke was just competing for business, but the appeals panel of three judges has open questions on whether market power was abused.

Generation owners say the increase in PJM capacity prices is the signal they need to invest in new development, while consumer advocates say the backlogged interconnection queue could limit the ability for market participants to react.

WEC Energy Group’s second-quarter earnings call zeroed in on the new natural gas and solar generation the company plans to bolster Wisconsin’s economic resurgence.

The D.C. Circuit Court of Appeals vacated and remanded an order by FERC approving a natural gas pipeline in New Jersey that state regulators said was unneeded.

The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.

FERC approved NYISO’s proposed tariff revisions to more accurately accredit natural gas resources’ capacity, but the commission delayed their implementation until 2026.