PJM Pursuing Extension of Existing Capacity Price Cap Through 2029/2030 Delivery Year In a February 12 letter to stakeholders, the PJM Board of Managers (“PJM Board”) announced its intent to pursue an extension of the existing capacity price collar that applies to the 2026/2027 and 2027/2028 delivery years (DYs) for the next two capacity auctions. … Continued
Extreme Cold Results in Elevated Spot Prices and Extended Risk for AEP Zone 1CP Beginning on January 24, a disrupted polar vortex sent temperatures across the central and eastern United States into a deep freeze. These prolonged subzero temperatures have resulted in elevated real-time and day-ahead hourly spot electric prices for customers throughout the PJM … Continued
PJM Releases 2027/2028 Delivery Year BRA Results On December 17, 2025, PJM Interconnection announced the results of its Planning Year 2027/2028 Base Residual Auction (BRA). The auction procured 134,478.1 megawatts (MW) of unforced capacity from generation resources and demand response across the Regional Transmission Organization (RTO). The auction cleared at $333.44 per MW-day for the … Continued
Take Steps This Winter to Mitigate Your Transmission Costs Eligible electric customers in the service territories of American Electric Power (AEP) Ohio, FirstEnergy (FE), and AES Ohio can reduce their transmission costs by lowering demand on specific days when load peaks across a transmission zone. These peak hours are known as Transmission Coincident Peaks (Transmission … Continued
FirstEnergy’s Rider NMB Rates Updated on October 1, 2025 FirstEnergy (FE) implemented a semi-annual update to its Non-Market-Based Services Rider (Rider NMB) rates on October 1, 2025, for residential and nonresidential customers served by its three Ohio operating companies: Ohio Edison (OE), the Illuminating Company (CEI), and Toledo Edison (TE). Rider NMB recovers FE’s non-market-based … Continued
Peak Loads for Summer 2025 As we approach September 30 – the end of the summer coincident peak (CP) management season – weather and load forecasts indicate that the five coincident peaks for capacity and transmission in the ATSI Zone have likely been set. PJM’s capacity peaks reached record levels this summer. The preliminary fifth-highest … Continued
Peak Loads for Summer 2025 Brakey Energy provides email and text alerts in advance of potential Capacity and Transmission Coincident Peaks (CPs) to those clients that elect to receive them. As of August 25, 2025, Brakey Energy has issued 14 Capacity CP alerts, 15 FE (ATSI Zone) Transmission CP alerts, and 4 AEP Ohio CP … Continued
PJM 2026/2027 Capacity Price Soars to New Historic High On July 22, 2025 PJM Interconnection (“PJM”) announced the results for its Planning Year 2026/2027 Base Residual Auction (BRA). The BRA auction price soared to a new historic high, coming in at the Federal Energy Regulatory Commission’s approved cap of $329.17/Megawatt (MW)-day. This is a $59.25/MW-day … Continued
Peak Loads for Summer 2025 Brakey Energy provides email and text alerts in advance of potential Capacity and Transmission Coincident Peaks (CPs) to clients who elect to receive them. In response to the heat dome that blanketed much of the PJM footprint during the week of June 22–27, Brakey Energy issued four Capacity CP alerts, … Continued
Governor DeWine Signs House Bill 15 Into Law On May 15, 2025, Ohio Governor Mike DeWine signed Substitute House Bill 15 (HB 15) into law, enacting sweeping reforms to the state’s energy policy that will affect consumers, utilities, and the broader energy market. Introduced in the Senate just four months earlier, HB 15 represents a … Continued