Auction Clearing Prices Are Significantly Lower Following Implementation of the Focused MOPR and Revised Offer Cap FOR IMMEDIATE RELEASE | June 22, 2022 CONTACT: Todd Snitchler 330.316.7492 | tsnitchler@epsa.org WASHINGTON – The PJM Interconnection released the 2023/2024 results of the Base Residual Auction (BRA), which cleared 144,870.6 MW of unforced capacity, representing a 21.6% reserve margin, […]
Read MoreCompetitive Power Series: The Past, Present, and Future of Competition
On March 29, the Electric Power Supply Association hosted its first Competitive Power Summit in Washington, DC. Leaders from across the competitive power market discussed the key issues facing the sector, including maintaining reliability as the grid changes, market innovations, advancing decarbonization, ensuring a just transition with continued customer and economic benefits, and future market […]
Read MoreThe Rapid Rise of Energy Prices: Understanding the Short- and Long-term Trends Driving the Surge
With energy prices rapidly rising globally, customers are feeling the hit at the gas pump and in their electric bills. Higher prices reflect a range of factors, from the warmer temperatures at the start of summer driving up power demand to the continued economic recovery from the pandemic shutdowns and the impacts of sanctions against […]
Read MoreEnsuring Grid Reliability Through Hurricane Preparedness
With June 1 marking the start of the Atlantic hurricane season, the National Oceanic and Atmospheric Administration (NOAA) is predicting another unusually active season, with as many as 21 named storms and 10 hurricanes. If the NOAA prediction becomes reality, this will be the seventh straight year of above-average activity, and it is all but […]
Read MorePJM’s Annual Emissions Report Shows Continued Emissions Declines Across the Region
PJM Interconnection recently released its annual emission rate report, which tracks emissions data from 2000 to 2021. The data is a key tool in helping to educate relevant stakeholders the progress made in reducing electricity-related emissions across the competitive power market. Emerging From COVID-19 PJM has made significant strides in overall emissions reductions, showing significant […]
Read MoreEPSA Responds to FERC Chair Glick’s Renomination
Today’s announcement comes at a time when access to reliable power at affordable prices has never been more important. FOR IMMEDIATE RELEASE | May 20, 2022 CONTACT: Todd Snitchler 330.316.7492 | tsnitchler@epsa.org WASHINGTON – In response to today’s renomination of Chair Richard Glick to the Federal Energy Regulatory Commission, EPSA President and CEO Todd Snitchler issued […]
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