EPSA
At a recent DC Public Service Commission hearing on rising electricity costs, stakeholders emphasized that growing demand will require significant new generation and infrastructure investment, while highlighting the role of competitive markets in attracting private capital, protecting consumers from investment risk, and maintaining reliability and affordability across PJM.
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One year after Ohio enacted HB 15, the state has rapidly emerged as a national model for behind-the-meter energy development, permitting more than 2 GW of new power and storage projects—with another 2.5 GW pending—by streamlining rules and accelerating infrastructure deployment to meet rising electricity demand.
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NERC’s 2026 Summer Reliability Assessment finds the grid is expected to have adequate supply to meet normal summer demand, and competitive power suppliers and grid operators are preparing for rising electricity use and extreme weather by investing in diverse resources, strengthening reliability tools, and coordinating operations to maintain system reliability during peak conditions.
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Rising U.S. electricity demand is driving competitive power suppliers to rapidly expand capacity by upgrading existing power plants through uprates, fuel conversions, reactivations, and hybridization, enabling faster and more cost-effective grid reliability improvements than building new generation.
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A House E&C hearing underscored the challenge of meeting AI-driven power demand without raising consumer costs. Key themes included the need for accurate load forecasting, better use of existing infrastructure, and ensuring large energy users pay their share—highlighting the role of competitive power markets in delivering reliable, cost-effective solutions.
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More than 800 proposed power projects totaling 220 GW have entered PJM Interconnection’s queue, signaling a strong response by competitive generators to rising electricity demand.
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