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PJM Capacity Auction Results Compound "Alarm Bells": FERC Chairman Swett
PJM Capacity Auction Results Compound "Alarm Bells": FERC Chairman Swett
By Ethan Howland of UtilityDive
The PJM Interconnection’s just-held capacity auction cleared nearly 7 GW below its reliability target and only drew roughly 500 MW of new power supply, Federal Energy Regulatory Commission Chairman Laura Swett said Thursday.
“These numbers compound the alarm bells for a call to action in PJM,” Swett said during the agency’s monthly meeting. “Am I surprised that PJM failed to deliver? No, I am not,” Swett said later during a media briefing.
However, FERC isn’t trying to “target” PJM,...
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Aug 20, 2026 / Tyler Durden
Europe Scrambles For Innovation And Defense As US Decouples From "Global Order"
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For decades the European elites have pretended as if US integration into the progressive agenda is an afterthought on the way to a liberal Utopia. The EU has long criticized Americans as backwards in their principles and politics, while at the same time being desperately dependent on American consumers, American innovation and American military might. They simply never considered the possibility that the US might walk away from the old post-war arrangements.
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1 Year Inflation Expectations Jump To 3 Year High In Latest NY Fed Consumer Survey
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Inflation as measured by the CPI may have peaked, but Americans’ expectations for inflation over the near and medium term rose notably in June according to a Federal Reserve Bank of New York survey released Tuesday, with strong increases anticipated for medical care costs and rent,
Consumers now see inflation at 3.7% over the next year, up from 3.5% in May, the highest since September 2023. Expectations for inflation in three years increased to 3.3%, the...
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