Second consecutive year of high capacity auction prices highlights urgent need to fix interconnection delays and accelerate clean energy projects
WASHINGTON, DC —The latest PJM capacity auction results make clear, for the second year running, that the PJM region desperately needs new generation, storage, and demand-side resources to meet growing electricity demand. But despite strong “build” signals from high prices, critical barriers are blocking projects from moving forward.
Prices have
once again increased in PJM
, going up for most customers from
$269.92/MW-day during the previous auction to $329.17/MW-day today, even though consumers were protected from an even more significant increase by the newly implemented price cap.
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Wholesale Markets,
Press Releases,
Jon Gordon
The State Corporation Commission released its order on Dominion Energy’s 2024 Integrated Resource Plan (IRP)
RICHMOND, VA — Today, the State Corporation Commission released its order on Dominion Energy’s 2024 Integrated Resource Plan (IRP), a long-term planning document that will guide billions in utility investments over the coming decades. The Commission found that the 2024 IRP is legally sufficient while noting that its order does not express approval of Dominion Energy’s future spending plans.
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Regulatory,
Virginia,
Press Releases,
Shawn Kelly
Celebrating the progress Virginia has made, and reaffirming our commitment to ensuring the full promise of the VCEA is realized in the years ahead
RICHMOND, VA – Today marks the five-year anniversary of the landmark Virginia Clean Economy Act (VCEA), the historic legislation that set the Commonwealth on a path toward 100% clean energy.
“The VCEA was a turning point for Virginia’s economy,” said
Jim Purekal, Director at Advanced Energy United. “Five years ago, United helped rally a diverse coalition of energy innovators, business voices, and environmental advocates to support this legislation. Because everyone knew clean energy was the smartest investment the Commonwealth could make in its future. Today, we’re seeing the benefits: new jobs and new industries, all here in Virginia.”
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Virginia,
Press Releases,
Jim Purekal
Assembly repeals an outdated statute that has funneled approximately $200 million annually from ratepayers into subsidizing fossil fuel dependence
ALBANY, NY – In the final days of the 2025 legislative session, the New York Assembly voted to repeal the state’s “100-foot rule,” an outdated policy that allows gas utilities to charge existing gas customers for the cost of extending new gas lines to homes and businesses not currently using the fossil fuel. The law has steered ratepayer dollars—around $200 million per year—toward expanding fossil fuel infrastructure at a time when New York is working to reduce its reliance on gas and minimize energy bills.
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Topics:
Press Releases,
New York,
Kristina Persaud,
Building Electrification
Committee vote on PRESS clears path for more local energy, more jobs, and lower long-term costs for consumers
HARRISBURG, PA – A key Pennsylvania House committee voted today to advance the Pennsylvania Reliable Energy Sustainability Standard (PRESS), legislation that would modernize and expand the state’s outdated energy portfolio. The bill’s passage out of the Environmental & Natural Resource Protection Committee brings Pennsylvania one step closer to unlocking billions in private investment, creating thousands of jobs, and delivering long-term economic and health benefits to communities across the state.
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Press Releases,
Pennsylvania,
Chris D'Agostino
Committee Vote Marks Step Toward Greater Public Oversight of Utility Positions on Regional Grid Decisions
TRENTON, NJ – A bill to bring long-overdue transparency to how New Jersey’s utilities vote at PJM Interconnection, the regional grid operator that serves New Jersey, cleared a key legislative hurdle today with a successful committee vote in the New Jersey Legislature. The legislation, sponsored by Committee Chair Assemblyman Robert Karabinchak, moved out of the New Jersey Assembly State and Local Government Committee with broad bipartisan support.
“If your electric bill is going up, you deserve to know who’s behind that and why,” said Assemblyman Robert Karabinchak. “This bill makes sure our utilities aren’t making those decisions in back rooms with no one watching.”
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Wholesale Markets,
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New Jersey,
Katie Mettle
New law requires Maryland utilities to disclose votes at regional grid operator PJM, improving public oversight and ensuring alignment with state energy goals.
ANNAPOLIS, MD – In a landmark move, Gov. Wes Moore signed the Utility Transparency and Accountability Act into law today, making Maryland the first state to require its utilities to publicly disclose how they vote at PJM Interconnection, the powerful regional grid operator that makes decisions affecting energy costs, reliability, and clean energy deployment across 13 states.
The legislation, sponsored by Del. Lorig Charkoudian and Sen. Katie Fry Hester, received bipartisan support and backing from a broad coalition of clean energy industry advocates, consumer groups, and local business voices.
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Wholesale Markets,
Press Releases,
Katie Mettle
Study found with time-of-use rates households could cut bills and ease grid strain
BOSTON, MA — New research released today by Advanced Energy United finds that smarter electric rate design could significantly reduce energy bills for Massachusetts households that switch from gas furnace heating to clean electric heat pumps.
The report, prepared by Advanced Energy United and Demand Side Analytics, “Massachusetts Study on Time-Varying Rate Design to Enable Electrification,” found switching to “time-of-use” electric rates, where electricity costs less during off-peak hours when demand on the grid is low, can eliminate cost-barriers to electrification, and even save households money.
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Topics:
Regulatory,
Press Releases,
Sarah Steinberg,
Shawn Kelly,
Building Electrification
New York’s newly passed 2026 budget positions the state to capture the economic benefits of electrified transportation and building decarbonization
ALBANY, NY – The New York State Legislature has passed its 2026 budget, including provisions that prioritize cost-saving clean energy policies that will drive investment, minimize cost to New Yorkers, and modernize the grid. The budget delivers key clean energy investments, funding electric school buses, expanded electric vehicle (EV) charging, and efforts to decarbonize buildings across the state.
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Topics:
Press Releases,
Electric Vehicles,
Electric school buses,
New York,
Kristina Persaud,
Building Electrification
The Community Energy Act (HB 2346/SB 1100) makes way for community-powered clean energy, cutting costs and boosting reliability
RICHMOND, VA — Today, Gov. Glenn Youngkin signed the Community Energy Act (HB 2346/SB 1100) into law. The new law directs Dominion Energy to launch a 450-megawatt virtual power plant pilot, allowing homes and businesses to aggregate solar panels, batteries, EV chargers, and smart devices into a flexible grid resource that can reduce peak demand, lower electricity costs, and improve grid reliability.
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Topics:
Virginia,
Press Releases,
Jim Purekal,
Virtual Power Plants
