Platts Renewable Energy Certificates: US RECs A recent price indication in the US renewable energy market suggests that certificates representing renewable energy generation, known as Platts Renewable Energy Certificates (US RECs), are expected to trade at a value of $26 per megawatt hour (MWh) by 2026, specifically for PJM Tri-Qualified REC Tier 1 certificates. This price benchmark provides insight into market sentiment regarding future pricing and compliance with regional renewable energy generation standards within the PJM Interconnection region.

Platts Renewable Energy Certificates: US RECs #PJM #USRECS #RenewableEnergy #MarketSentiment #ElectricityTrading #PJMRegion

Meta Enters Electricity Trading Market to Support AI Infrastructure Meta Platforms is making a significant move into the electricity trading market as part of its efforts to support the development of new power plants in the United States. The company aims to expedite the growth of renewable energy infrastructure, crucial for fueling its expanding artificial intelligence operations, by providing long-term commitments and stability to power plant developers.

Meta Enters Electricity Trading Market to Support AI Infrastructure #PJM #ElectricityTrading #ArtificialIntelligence #RenewableEnergy #MetaPlatforms #PowerGeneration

Meta wants to get into the electricity trading business In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity.

Meta wants to get into the electricity trading business #Technology #Business #Other #Meta #ElectricityTrading #Innovation

Register Now for the Quarterly Settlements Forum The Quarterly Settlements Forum, scheduled for December 4th from 10:00-11:00 a.m., will provide an in-depth look at ISO New England's settlements and billing processes, addressing key aspects of the wholesale electricity market for market participants.

Register Now for the Quarterly Settlements Forum #ISONE #QuarterlySettlements #MarketParticipant #ElectricityTrading #TrainingPrograms #EnergyRegulation

Google Chooses Shell to Manage UK Renewable Energy Supply Google has selected Shell to manage its UK renewable energy supply, with the oil giant’s traders balancing power flows through access to battery storage systems, the companies said.

" Shell and Google previously announced 3... agreements in #Europe to supply the...company with power from Netherlands offshore #windFarms
Shell’s portfolio of #renewablePower supply, access to #batteries and #electricityTrading enables company to meet #dataCenter "
www.bloomberg.com/news/article...

Texas Senate Bill 6 Aims to Boost Grid Reliability with New Connection Standards and Revenue Opportunities for Water and Sewer Utilities Texas Senate Bill 6 (SB 6), enacted in June 2025, introduces significant changes to how large energy consumers connect to and operate within the Texas power grid managed by ERCOT. The legislation aims to expedite grid connections, bolster grid reliability, re-evaluate transmission cost allocation, and create new avenues for revenue generation for water and sewer utilities. Key provisions of SB 6 address large load interconnection standards, requiring enhanced disclosure and potential financial contributions for grid upgrades. Facilities with on-site power generation, such as data centers, face a revised approval process. The existing method for allocating transmission costs, known as "4CP," is now subject to review and possible modification. Water and sewer companies in counties with fewer than 350,000 residents are now permitted to generate and sell surplus electricity. Additionally, ERCOT will competitively procure demand reductions from large energy users during anticipated emergencies, creating a new reliability service. The law has far-reaching implications. Data centers and industrial manufacturers will experience altered operational requirements and may incur increased costs, but also have opportunities for revenue generation through demand response programs. Electric utilities face new management responsibilities regarding interconnection and cost allocation. Water and sewer companies can potentially generate revenue through electricity sales, and grid planners will benefit from increased data transparency. Implementation of SB 6 will primarily occur through rulemaking processes led by the Public Utility Commission of Texas (PUCT). ERCOT will be responsible for developing the new reliability service, and the PUCT will evaluate the current transmission cost methodology. Public input during the PUCT rulemaking is encouraged.

Texas Senate Bill 6 Aims to Boost Grid Reliability with New Connection Standards and Revenue Opportunities for Water and Sewer Utilities #ERCOT #GridReliability #UtilityRegulation #ElectricityTrading #WaterUtilities #TransmissionCosts

Turlock Irrigation District Joins California Independent System Operator's Extended Day-Ahead Market Turlock Irrigation District (TID) recently approved a significant move, voting to join the Extended Day-Ahead Market (EDAM) set to launch next spring by the California Independent System Operator (CAISO). This expansion builds upon TID's existing success within the Western Energy Imbalance Market (WEIM), which the district joined in 2021. Participation in the WEIM has already yielded substantial savings, totaling $28 million to date. EDAM represents an evolution of CAISO’s day-ahead trading, extending its reach beyond California and enabling greater collaboration among western states. PCI Energy Solutions anticipates the market's launch in May 2026, aiming to optimize electricity trading and grid coordination across a broader geographical area. Several other utilities are already on board, including PacifiCorp, Portland General Electric, the Los Angeles Department of Water and Power, and the Balancing Authority of Northern California. BHEMontana, PNM, and NV Energy have expressed intentions to join, while Idaho Power is leaning towards EDAM and Arizona G&T Cooperatives is evaluating its potential benefits. The structure of EDAM is based on the successful model of the WEIM, which since 2014 has delivered approximately $7 billion in cost savings for its 22 participants across 11 Western states. This market has also contributed to avoiding over one million metric tons of greenhouse gas emissions and is expected to grow further with additional participants joining in 2026. According to TID General Manager Brad Koehn, joining EDAM is a logical progression, promising increased economic, reliability, and environmental advantages for the district and its customers.

Turlock Irrigation District Joins California Independent System Operator's Extended Day-Ahead Market #CAISO #California #ElectricityTrading #WesternStates #GridCoordination #RenewableEnergy

Bonneville Power Administration Joins Southwest Power Pool, Sparking Concerns Over Energy Prices - Cozzy Energy Solutions Bonneville Power Administration Joins Southwest Power Pool, Sparking Concerns Over Energy Prices As a federal agency responsible for generating and selling hydroelectricity from 31 dams in the Columbia Basin, Bonneville Power Administration (BPA) has made a significant decision to join the Southwest Power Pool (SPP). This move will create a new day-ahead market for energy trading across 14 western states, where BPA serves customers. The SPP oversees energy trading across these regions, which include Oregon, Washington, Idaho, Montana, California, Nevada, Utah, and Wyoming. By joining SPP, BPA aims to take advantage of the regional cooperation and coordination that this organization provides. However, some large utilities in the West, such as PacifiCorp and PGE, are concerned that this decision will lead to increased energy prices across the region and create expensive inefficiencies. BPA officials have expressed concerns that the vast majority of benefits from creating a Westwide market would flow to California, which may not be the primary intention behind joining SPP. On the other hand, Letha Tawney, one of the three commissioners on the Oregon Public Utility Commission, views BPA's decision as a step towards greater regional cooperation and coordination, but also notes that it increases the risk of price volatility for Northwest customers. The impact of BPA's decision will be closely watched by energy markets across the region. As SPP integrates BPA into its operations, it remains to be seen how this will affect energy prices and trading in the Western United States.

Bonneville Power Administration Joins Southwest Power Pool, Sparking Concerns Over Energy Prices #CAISO #EnergyPrices #BonnevillePowerAdministration #SouthwestPowerPool #FederalAgency #ElectricityTrading