On May 23, 2025, the U.S. Department of Energy (DOE) issued a rare emergency order under Section 202(c) of the Federal Power Act to extend operations of the J.H. Campbell power plant in Michigan through August 21, 2025. The DOE directive required Consumers Energy and MISO to ensure the plant’s availability and to economically dispatch […]
Energy Ventures Analysis Publishes Report on PJM’s 2026/27 Base Residual Auction Results
Vienna, VA – July 25, 2025 — Energy Ventures Analysis (EVA) has released its comprehensive report analyzing the results of PJM Interconnection’s 2026/27 Base Residual Auction (BRA), which cleared at the Federal Energy Regulatory Commission (FERC)-imposed cap of $329.17 per megawatt-day (MW-day) across the entire Regional Transmission Organization (RTO) footprint. This marks a 22% jump […]
One Big Beautiful Bill Signed: What Changed and What’s Next
Executive Summary On July 4, 2025, President Trump signed the Senate-amended One Big Beautiful Bill Act (OBBBA). While many of the cuts from the House version remained, the final version of OBBBA introduces a more relaxed condition of eligibility for projects seeking to claim the new tech-neutral clean electricity tax credits (45Y and 48E) with […]
Revitalizing U.S. Nuclear: Key Takeaways from May 2025 Executive Orders
On May 23, President Donald Trump signed a series of executive orders designed to significantly enhance the role of nuclear power within the U.S. energy sector. These orders continue the President’s response to the National Energy Emergency he declared upon taking office in January. While there have been various energy-related directives from the White House, […]
The One Big, Beautiful Repeal: How OBBBA Resets Clean Energy Policy
On May 22, 2025, the U.S. House passed the One Big, Beautiful Bill Act (OBBBA), a sweeping legislative package that effectively repeals most clean energy provisions of the Inflation Reduction Act (IRA). Additionally, a key amendment that passed with the original OBBBA imposes two immediate eligibility conditions that disqualify the vast majority of clean energy […]
President Trump Signs Executive Orders Addressing Energy Reliability and Coal Industry At-Large
On April 8, President Donald Trump signed three executive orders designed to bolster the U.S. coal industry, support coal-fired electricity generation, and override state-level initiatives perceived as obstructing domestic energy production. While the specific impacts will depend on forthcoming federal agency actions and regulatory follow-through, these orders collectively signal a major federal push to extend […]
Trump Administration’s Wind Freeze: A Challenge for Offshore Wind, But Far from the End
Donald Trump’s return to the White House has triggered a significant shift in U.S. energy policy, with offshore wind facing its biggest challenge yet. A recent executive order (EO), published on January 20, 2025, halting leasing of federal land and waters for wind energy projects, has injected uncertainty into the sector, delaying key projects, discouraging […]
The (Possible) Future of Federal Environmental Regulations during Donald Trump’s Second Term as U.S. President
The 2024 U.S. presidential election concluded with the victory of Republican candidate and former president Donald Trump, signaling anticipated shifts in environmental regulations and energy policies. Expected changes include potential reversals of recent EPA regulations, reallocations of unspent funds from the Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL), and heightened support for domestic […]
The GNR Stay: Markets Respond to the New Regulatory Landscape
The Supreme Court’s decision to stay the Good Neighbor Rule (GNR) on June 27th was a seismic event that reverberated through the energy markets, causing a ripple effect on allowance prices in all U.S. emission markets. This decision, which is yet another twist in the Ozone Transport Rule saga, has thrust stakeholders into a new […]
Intense Heatwave Triggers Surging Electricity Demand in PJM
The Mid-Atlantic region and states along the I-95 corridor experienced an intense heatwave over the past weekend, pushing temperatures to record highs and significantly raising electricity demand. PJM had issued a hot weather advisory for its Mid-Atlantic and Southern regions as 90-plus-degree weather persisted throughout the week of June 17. The advisory was subsequently extended […]