PJM 2025/2026 Capacity Base Residual Auction Results

PJM 2025/2026 Capacity Base Residual Auction Results PJM recently concluded its capacity Base Residual Auction (BRA) for Planning Year (PY) 2025/26.  The resulting prices, compared to previous recent auctions, are significantly higher.   For PY 2024/25, the RTO capacity price is $28.92/MW-day.   For PY 2025/26, the RTO capacity price cleared at $269.92/MW-day, a more than nine-fold…

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Capacity Prices Rise on the Delmarva Peninsula

Capacity Prices Rise on the Delmarva Peninsula       The PJM Interconnection is the power grid operator in the Mid-Atlantic, an area that covers 65 million people in all or part of 13 states and the District of Columbia.  PJM is broken up into “control zones,” one of which is the DPL zone.  The DPL zone…

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Electricity and Rock: Still Not Friends

By Evelyn Teel In a previous blog post, we discussed findings from the U.S. Geological Survey (USGS) that the I-95 corridor is particularly at risk of grid outages in the event of a geomagnetic storm. You can read that blog post here: https://avalonenergy.us/2018/07/electricity-meet-rock/.  Further research has been conducted, and a new report from the USGS…

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Distributed Energy Resources Give You Options

By Evelyn Teel In the earliest days of electricity, generation happened close to where the electricity was used. A small hydro facility might have been used to power a single factory, or a coal-fired generator might have electrified a small town. As demand for electricity grew and we developed the capability to move it over…

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Electricity, meet Rock

For several years, the U.S. Geological Survey (USGS) has been investigating the potential effects of intense geomagnetic storms on electric utility infrastructure. In 2016 they concluded, “A severe geomagnetic storm could disrupt the nation’s power grid for months, potentially leading to widespread blackouts. Resulting damage and disruption from such an event could cost more than…

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NCAC – 22nd Annual Washington Energy Policy Conference

ONE WEEK FROM TODAY Secure your spot here: https://www.ncac-usaee.org/event-2845352 Energy Technologies and Innovations: A Disturbance in the [Market] Force Thursday, April 12, 2018, 8:30 AM to 6:00 PM The George Washington University Keynote speakers: Mark P. Mills, Senior Fellow, Manhattan Institute Gil Quiniones, President and CEO, New York Power Authority In addition to these keynote…

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Natural Gas and Electricity Are Parting Ways – Part 1

In recent articles, we have explored the dramatic decline in natural gas prices over the past seven years. See These Are Days To Remember and10,000 Maniacs Were Right. In the US Mid-Atlantic, natural gas and electricity prices have, over time, tended to move together. While there has by no means been a perfect correlation between…

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