Market Views Archives

What is LMP (Locational Marginal Pricing)? A Complete Guide for Energy Professionals

If you work in power project development, asset management, or energy trading, you will encounter the term Locational Marginal Pricing (almost always abbreviated to LMP)…

Ghizlene Mejdi In Market Views, Power

How Wholesale Electricity Prices Are Set: The Mechanics Behind Real-Time and Day-Ahead Markets

Electricity is traded like a commodity, yet it behaves unlike any other. It cannot be stored at scale, must be balanced instantaneously across the grid,…

Ghizlene Mejdi In Market Views, Power

PJM Interconnection: A Beginner’s Guide to the Largest US Power Market

PJM Interconnection is the largest wholesale electricity market in the United States and one of the largest in the world. It coordinates the movement of…

Ghizlene Mejdi In Capacity, Market Views

ERCOT Price Spikes: Causes, Historical Patterns and What to Expect in 2026

ERCOT, the Electric Reliability Council of Texas, operates the most volatile wholesale power market in the United States. No other ISO combines a largely isolated…

Philippe Schicker In Capacity, Market Views, Power

Quack Economics: What the Duck Curve Actually Prices in 2026

The shape CAISO warned about in 2013 is no longer a warning; it's the market's operating system. The Duck Has a Day-Ahead Market Now On…

Yaniv Yaffe In Capacity, Market Views, Power

Four Bets on the Grid: How Data Centers are Solving the Power Problem

Data Centers and the Power Problem The bottleneck in data center development has changed. When the AI boom started, we naively assumed it would be…

Philippe Schicker In Market Views, Power

EDAM Launch Day – Briefing

The West Has a Day-Ahead Market On May 1, 2026, CAISO's Extended Day-Ahead Market (EDAM) went live, the first centralized day-ahead clearing mechanism for the…

Philippe Schicker In Capacity, Market Views

Nice Grid You’ve Got There – Mind Paying For It?

FERC's June Deadline & End of the Large-Load Grey Zone For the last year and a half, the economics of siting a gigawatt of data…

Ghizlene Mejdi In Fuels, Market Views

Can Renewable Fuels Replace Fossil Fuels? Market Reality vs Policy Ambition

Renewable fuels are increasingly positioned as one of the key solutions for decarbonizing the global energy system. Governments, investors, and industries are accelerating efforts to…

Ghizlene Mejdi In Capacity, Market Views

The ELCC Crunch: How Shifting Capacity Values are Redefining Asset Valuation

In today's U.S. capacity markets, two acronyms are increasingly shaping investment decisions: ELCC (Effective Load-Carrying Capability) and DSCR (Debt Service Coverage Ratio). They are no…

Peter Gardett In Fuels, Market Views

Advanced Biofuel Feedstocks: Forecasting Prices in the Waste-to-Wealth Energy Market

The global biofuel feedstock market is undergoing a structural shift. As governments accelerate decarbonization targets, the industry is moving away from first-generation food-based biofuels toward…

Peter Gardett In Capacity, Market Views, Power

PJM gas bid fever may be breaking

The sale of four natural gas units by Constellation to LS Power for roughly $5 billion is not cheap by any description, but it does…

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