Exelon and Invenergy Transmission have both filed complaints with the Federal Energy Regulatory Commission, seeking changes to capacity markets overseen by the PJM Interconnection and the Midcontinent Independent System Operator. Exelon petitioned FERC on November 4, 2026, requesting that the PJM Interconnection adopt a “prompt” capacity auction. Currently, PJM conducts annual auctions to secure power

Experts attribute recent price volatility in PJM’s capacity market to a flawed implementation of market design, not to inherent failures in competition. The Atlantic Council contends that calls to dismantle competitive markets and revert to vertically integrated models misinterpret market implementation issues as a fundamental problem with the market-based framework itself. Competitive markets have spurred

US Energy Capacity Price Forecasts Vital for Investors Understanding the sources and variations in US energy capacity price forecasts is crucial for investors. These prices represent payments designed to ensure adequate electricity resources during periods of high demand or limited supply, differing from energy prices that compensate generators for actual power production. Forecasts originate primarily

Indiana regulators have authorized a Texas-based energy company’s purchase of a natural gas power plant in eastern Indiana. The decision by the Indiana Utility Regulatory Commission advances Houston-based Talen Energy Corp.’s acquisition of the Lawrenceburg Power Plant, a facility with a generating capacity of approximately 1,200 megawatts. The plant, built in the early 2000s, has

On April 15, 2026, the Federal Energy Regulatory Commission (FERC) levied a $722 million civil penalty against American Efficient, LLC, and its affiliated companies. The penalty stems from over a decade of actions where the company allegedly received approximately half a billion dollars in capacity market payments from PJM and MISO by claiming credit for

Federal Energy Regulatory Commission Imposes $1.1 Billion Penalty for Alleged Capacity Market Fraud The Federal Energy Regulatory Commission (FERC) issued an order on April 15, 2026, requiring six affiliated companies to return approximately $410 million in unjust profits, plus interest, and to pay a $722 million civil penalty, totaling roughly $1.1 billion. The companies, collectively

Federal Energy Regulatory Commission Levies $1.1 Billion Penalty in Capacity Market Fraud Case The Federal Energy Regulatory Commission (FERC) has issued an order mandating six affiliated companies to return approximately $410 million in unjust profits, along with interest, and pay a $722 million civil penalty, totaling roughly $1.1 billion. The action follows a five-year investigation