POPULARITY
10 episodes with pjm
6 episodes with pjm
6 episodes with pjm
5 episodes with pjm
6 episodes with pjm
4 episodes with pjm
3 episodes with pjm
2 episodes with pjm
9 episodes with pjm
2 episodes with pjm
6 episodes with pjm
3 episodes with pjm
3 episodes with pjm
3 episodes with pjm
4 episodes with pjm
3 episodes with pjm
3 episodes with pjm
3 episodes with pjm
PJM is the largest wholesale power market and transmission planning region in the US. Currently, it is stuck between a rock and a hard place: on one side, rising demand from data centers; on the other, a choked and congested interconnection queue that can't keep pace. The result: rising prices and political discontent. I talk with Clara Summers of the Citizens Utility Board about how PJM can solve this dilemma and get prices under control. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.volts.wtf/subscribe
Dzieci dorastają w świecie, w którym słowo „klimat” pada na każdym kroku. Od najmłodszych lat słyszą, że coś się kończy, że czasu jest mało, że przyszłość zależy od nich.Czy faktycznie uczymy je troski – czy obarczamy odpowiedzialnością za błędy starszych pokoleń?Jak mówić o klimacie, żeby nie wychowywać w poczuciu winy i bezradności?W rozmowie z Katarzyną Lemańską, dyrektorką festiwalu Nowe Epifanie, rozmawiamy o lęku klimatycznym, o miejscu człowieka w świecie i o tym, czy sztuka może pomóc przejść od strachu do odpowiedzialności.Odcinek powstał we współpracy z Festiwalem Nowe Epifanie. „Czyńcie sobie Ziemię poddaną” to hasło 17. edycji Festiwalu Nowe Epifanie oraz 2. edycji Rodzinnych Nowych Epifanii. Festiwal rozpocznie się w Warszawie 18 lutego i potrwa do 29 marca 2026. W programie m.in.: „Krzyżacy” w reż. Jana Klaty, „Trąbka do słuchania” w reż. Weroniki Szczawińskiej czy premiera „kiss to tell” Daniela Kotowskiego.Tegoroczna edycja poświęcona jest Ziemi. Ziemia to zarówno świat, w którym żyjemy, jak i geopolityczne terytorium, o które nieustająco toczą się wojny. Poprzez użycie dużej litery organizatorzy chcą podkreślić szacunek do praw środowiska naturalnego w dobie antropocenu.Na widzów czeka ponad 30 wydarzeń, w ofercie spektakle dla dorosłych i dla dzieci, kulinaria, performanse, taniec, koncerty muzyki dawnej, sakralnej, pokazy filmowe oraz spotkania z artystami i ekspertami. Część wydarzeń jest z tłumaczeniem PJM i audiodeskrypcją.Festiwal organizowany przez Centrum Myśli Jana Pawła II w jego 20. rocznicę działalnościPełen program na noweepifanie.plPodkast Tygodnika Powszechnego jest otwartym dla wszystkich formatem dziennikarskim, który współfinansowany jest przez naszych Patronów. Nasza działalność podkastowa jest w 100% działalnością non-profit i wszystkie datki przeznaczane są na tworzenie i rozwijanie treści. Dołącz do grona Patronów https://patronite.pl/TygodnikPowszechnyJeśli podobają Ci się nasze tematy, zapraszamy po więcej na serwis www.tygodnikpowszechny.pl. Dostęp do serwisu online „Tygodnika Powszechnego” to wartościowe artykuły tworzone przez najlepsze i nagradzane autorki i autorów, a nie przez algorytmy. To bieżące i ponadczasowe treści o społeczeństwie, kulturze, świecie i duchowości, opisujące rzeczywistość z wielu perspektyw, unikające uproszczeń i krzykliwych narracji. Wierzymy, że w ten sposób świat można zrozumieć – i naprawić. Dlatego piszemy odpowiedzialnie, z szacunkiem i nadzieją. TygodnikPowszechny.pl to miejsce w sieci, które Cię szanuje.
The League Episode #42 – Show Notes In episode 42 of The League, David Magid and Benoy Thanjan break down major developments shaping power markets, grid modernization, and clean energy investment. David highlights PJM's proposed emergency capacity auction featuring 15-year contracts, a potential game changer for project finance and new generation. He also covers Massachusetts' vehicle-to-grid pilot, signaling early progress toward virtual power plants. Benoy shares insights from DistribuTech, where AI-driven load growth, microgrids, and grid resiliency dominated conversations. He also reports from the Cleantech Forum, where venture capital is becoming more cautious and capital efficiency is now critical for startups. The big picture: the energy transition continues, but market signals, grid constraints, and tighter capital are reshaping how projects get built and financed. Host Bio: Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy, solar developer and consulting firm, and a strategic advisor to multiple cleantech startups. Over his career, Benoy has developed over 100 MWs of solar projects across the U.S., helped launch the first residential solar tax equity funds at Tesla, and brokered $45 million in Renewable Energy Credits (“REC”) transactions. Prior to founding Reneu Energy, Benoy was the Environmental Commodities Trader in Tesla's Project Finance Group, where he managed one of the largest environmental commodities portfolios. He originated REC trades and co-developed a monetization and hedging strategy with senior leadership to enter the East Coast market. As Vice President at Vanguard Energy Partners, Benoy crafted project finance solutions for commercial-scale solar portfolios. His role at Ridgewood Renewable Power, a private equity fund with 125 MWs of U.S. renewable assets, involved evaluating investment opportunities and maximizing returns. He also played a key role in the sale of the firm's renewable portfolio. Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and Financial Advisory Services at Ernst & Young, following an internship on the trading floor at D.E. Shaw & Co., a multi billion dollar hedge fund. Benoy holds an MBA in Finance from Rutgers University and a BS in Finance and Economics from NYU Stern, where he was an Alumni Scholar. Connect with Benoy on LinkedIn: https://www.linkedin.com/in/benoythanjan/ Learn more: https://reneuenergy.com https://www.solarmaverickpodcast.com Host Bio: David Magid David Magid is a seasoned renewable energy executive with deep expertise in solar development, financing, and operations. He has worked across the clean energy value chain, leading teams that deliver distributed generation and community solar projects. David is widely recognized for his strategic insights on interconnection, market economics, and policy trends shaping the U.S. solar industry. Connect with David on LinkedIn: https://www.linkedin.com/in/davidmagid/ If you have any questions or comments, you can email us at info@reneuenergy.com.
Last year, the PJM capacity crunch became a focal point for an entire industry struggling to navigate the explosive growth of hyperscaler data centers. Yet even in the first two months of 2026, capacity prices have continued to skyrocket, and the economics of energy generation have only become more tenuous. In this episode, Shayle Kann talks to Paul Segal, the CEO of LS Power. A major player in the space, LS Power owns a diverse portfolio of generation, storage, and transmission assets across the U.S. Shayle and Paul dive into the volatility currently defining the two most talked-about power markets in the country: PJM and ERCOT. They cover topics like: How PJM flipped nearly overnight from a state of "stasis" to a capacity shortage The federal government's emergency order to make large data centers "pay their way" Why 10 gigawatts of expected load failed to show up during the recent Texas winter storm Why Paul sees ERCOT as a “cyclical” market that is currently difficult for new gas generation, despite massive load growth Paul's strategy for ensuring sufficient “bridge” generation before new large-scale projects come online Resources Catalyst: PJM and the capacity crunch Latitude Media: PJM's $178 billion fork in the road Catalyst: The potential for flexible data centers Credits: Hosted by Shayle Kann. Produced and edited by Max Savage Levenson. Original music and engineering by Sean Marquand. Stephen Lacey is our executive editor. Catalyst is brought to you by Uplight. Uplight activates energy customers and their connected devices to generate, shift, and save energy—improving grid resilience and energy affordability while accelerating decarbonization. Learn how Uplight is helping utilities unlock flexible load at scale at uplight.com. Catalyst is brought to you by Antenna Group, the public relations and strategic marketing agency of choice for climate, energy, and infrastructure leaders. If you're a startup, investor, or global corporation that's looking to tell your climate story, demonstrate your impact, or accelerate your growth, Antenna Group's team of industry insiders is ready to help. Learn more at antennagroup.com. Catalyst is brought to you by EnergyHub. EnergyHub helps utilities build next-generation virtual power plants that unlock reliable flexibility at every level of the grid. See how EnergyHub helps unlock the power of flexibility at scale, and deliver more value through cross-DER dispatch with their leading Edge DERMS platform, by visiting energyhub.com.
In this episode, Perkins Coie Partner Jane Rueger and Associate Attorney Jacob Neeley join Kaitlin Fallowfield to discuss a 14-page preview recently released by PJM Interconnection detailing its plans for the new rules for data centers seeking to bring their own generation to the grid.The grid operator has been trying to come up with a framework to manage data center load and create more accurate forecasting measures. In December 2025, FERC ordered PJM to write its rules for co-location to include three key services, which include both firm and non-firm capacity contracts, and interim network service contracts.The 14-page plan marked a preview of what PJM's future FERC filing will include, teasing the idea of a separate, albeit limited, expedited queue for large load additions.NPM is a leading data, intelligence & events company providing business development led coverage of the US & European power, storage & data center markets for the development, finance, M&A and corporate community.Download our mobile app.
Most people think the electric grid is a giant battery—store power when there's extra and pull it out when you need it. Simple. And completely wrong. In this episode, David R. Legates explains how the electric grid actually works: a just-in-time system where electricity must be generated and consumed almost simultaneously. Using clear analogies, he walks through generation, transmission, distribution, and consumption—and shows why reliability depends on energy sources that can be used when needed. The discussion also explores why wind and solar, which are non-dispatchable, cannot keep the lights on without constant real-time backup, and how rising demand, grid operators like PJM, and policy choices affect reliability and cost. If you want to understand why blackouts happen, why electricity prices are rising, and why the grid is far more fragile than most people realize, this episode is for you.Sources:https://www.caesarrodney.org/post/delaware-s-energy-crossroads-rising-demand-shrinking-reliabilityhttps://16f05e07-790c-4e37-8967-e07503198f80.usrfiles.com/ugd/16f05e_950ecbbff4b54cbc8b9223d8dc890591.pdfVisit our podcast resource page: https://cornwallalliance.org/listen%20to%20our%20podcast%20created%20to%20reign/Our work is entirely supported by donations from people like you. If you benefit from our work and would like to partner with us, please visit www.cornwallalliance.org/donate.
You won't want to miss this episode of the Energy Impacts podcast with Jim Welty, President of the Marcellus Shale Coalition, as we gear up to talk about the global Natural Gas markets. We are covering the impact on the US consumers and manufacturing growth. We will be live on LinkedIn, X, and YouTube. The main topics discussed in this Podcast are:1. The importance of natural gas in providing reliable energy during extreme winter weather conditions, particularly in the Marcellus Shale region and the PJM grid.Jim Welty discusses how natural gas generation has been crucial in ensuring electricity and heating supply during recent cold snaps, with natural gas providing around 40% of the PJM grid's generation. He contrasts this with the issues faced in the ISO New England region, where fuel switching to oil was required due to insufficient natural gas supply.2. The challenges of building energy infrastructure, particularly pipelines, in the Northeastern United States.The transcript discusses how policies and regulations have hindered the development of pipelines like the Constitution Pipeline, which would have helped supply natural gas from the Marcellus Shale to the Northeast. This has led to the region relying on more expensive and higher-emission energy sources.3. The growth of data centers and the role of natural gas in powering this new economy.The discussion covers the significant investment and development of data centers and AI facilities in Pennsylvania, and how natural gas is well-positioned to meet the growing energy demands of this sector in a reliable and cost-effective manner.4. The clean credentials of natural gas from the Marcellus Shale region, especially in comparison to other global suppliers.The transcript highlights how natural gas from the Marcellus Shale has the lowest methane intensity of any major gas-producing region, making it an attractive option for European and other international markets seeking to reduce emissions.5. The political and policy challenges faced by the natural gas industry, particularly in navigating the push for renewable energy sources.The discussion touches on the tensions between the natural gas industry and policymakers who are promoting renewable energy, even when it may not be the most practical or reliable solution in certain regions and applications.Check out Jim on LinkedIn: https://www.linkedin.com/in/jim-welty-336b77105/Check out the articles on David Blackmon's Substack. https://blackmon.substack.com/
The nation’s largest electric grid operator outlines its plan to manage rapid growth in data center electricity demand. --- PJM Interconnection, the nation’s largest grid operator, is preparing to file a wide-ranging proposal with federal regulators aimed at managing the rapid growth of electricity demand, including AI-driven data centers. The plan stands out as one of the first comprehensive efforts by a grid operator to address surging load from new technologies while maintaining system reliability and limiting cost impacts on consumers. The proposal arrives at a moment when the electric grid is under growing stress. Tightening power supply-demand balances, high-profile grid failures, and a series of narrowly avoided outages have raised concerns about whether the power system can continue to meet demand reliably. At the same time, those pressures have increasingly shown up in electricity prices, which have increased sharply in many areas. PJM’s proposal tries to answer a question grid operators across the country are now facing: how to say “yes” to large new loads without turning reliability into a gamble or costs into an afterthought. The plan lays out a structured approach to integrating data centers and other large loads, with an eye toward keeping commitments realistic and aligning responsibility with impact. Abe Silverman is an assistant research scholar with the Ralph O’Connor Sustainable Energy Institute at Johns Hopkins University and a former general counsel to the New Jersey Board of Public Utilities. Tom Rutigliano is senior advocate for climate and energy at the Natural Resources Defense Council, where his work focuses on PJM. Both participated in the policy discussions surrounding PJM’s proposal, and provide their perspective on its potential impacts on grid reliability, consumers, and the potential rate of datacenter growth. Abe Silverman is an assistant research scholar with the Ralph O’Connor Sustainable Energy Institute at Johns Hopkins University and a former general counsel to the New Jersey Board of Public Utilities. Tom Rutigliano is senior advocate for climate and energy at the Natural Resources Defense Council, where his work focuses on PJM. Related Content Communities Are at Risk If We Don’t Slow the Roll on Data Center Development https://kleinmanenergy.upenn.edu/commentary/blog/communities-are-at-risk-if-we-dont-slow-the-roll-on-data-center-development/ Energy System Planning: New Models for Accelerating Decarbonization https://kleinmanenergy.upenn.edu/research/publications/energy-system-planning-new-models-for-accelerating-decarbonization/ Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu.See omnystudio.com/listener for privacy information.
Steven Rodas, environmental reporter for NJ Advance Media, explains why utility costs in New Jersey have spiked over the last several years and the details of Gov. Mikie Sherrill's state of emergency on utility costs.
With AI, data centers, and electrification are driving a surge in electricity demand, the pressure is on to keep America's power grid reliable and affordable. The real question is whether we'll meet this moment with competitive, market-driven investment – or shift the risk and the cost back onto consumers. In this episode of Energy Solutions, EPSA President and CEO Todd Snitchler sits down with Mason Emnett, Senior Vice President of Public Policy at Constellation Energy, the nation's largest nuclear power plant operator and largest private-sector power producer. They discuss what's really behind today's energy demand forecasts, why misunderstanding new load profiles can lead to costly overreactions, what the Crane Clean Energy Center restart tells us about the future of nuclear power, what's happening in PJM, and why competitive markets – where investors bear the risk, not consumers – matter more than ever as the U.S. enters a new era of electricity growth. Topics include: Why AI and data centers are changing electricity demand, The biggest misunderstandings about new load growth, Who should bear the risk when demand forecasts or projects are wrong, How competitive markets protect consumer from risk better than vertically-integrated models, What the Crane Clean Energy Center restart means for nuclear's future, How permitting, interconnection, and market reform can unlock private investment, What Maryland's CPCN process reveals about state energy policy choices, And why abandoning competition would raise costs and slow progress. Host: Todd Snitchler, President and CEO, EPSA Guest: Mason Emnett, Senior Vice President of Public Policy, Constellation Energy Liked this episode? Share it on X @EPSANews or LinkedIn at Electric Power Supply Association. Want more competitive power updates? Sign up for our monthly Power Moves newsletter.
Increasing power prices are a hot topic in the United States. Last week the Trump administration, eight Democratic governors and five Republican governors announced a plan to protect households in mid-Atlantic and Midwestern states from paying more for electricity because of electricity demand from data centers. Join host David Sandalow as he talks with Peter Fox-Penner, a leading expert on electricity markets, to discuss the causes of power price increases, the role of data centers, the recent bipartisan agreement in the PJM region, and more. This material is distributed by TRG Advisory Services, LLC on behalf of the Embassy of the United Arab Emirates in the U.S.. Additional information is available at the Department of Justice, Washington, DC. Learn more about your ad choices. Visit megaphone.fm/adchoices
Increasing power prices are a hot topic in the United States. Last week the Trump administration, eight Democratic governors and five Republican governors announced a plan to protect households in mid-Atlantic and Midwestern states from paying more for electricity because of electricity demand from data centers. Join host David Sandalow as he talks with Peter Fox-Penner, a leading expert on electricity markets, to discuss the causes of power price increases, the role of data centers, the recent bipartisan agreement in the PJM region, and more. This material is distributed by TRG Advisory Services, LLC on behalf of the Embassy of the United Arab Emirates in the U.S.. Additional information is available at the Department of Justice, Washington, DC. Learn more about your ad choices. Visit megaphone.fm/adchoices
Join the conversation with C4 & Brian Nehman. Governor Moore claims that there will be a 'trim in the general fund' when it comes to Maryland's budget, after attending a meeting at the White House with other state governors on PJM. Virginia's newest Governor proclaims that law enforcement in the state will not cooperate with ICE. Harford County and other county school boards are asking for more money to fund their schools. More is underway in Minnesota after protestors reportedly take over a church whose pastor may have been a part of ICE. Pres. Trump starting to impose tariffs on countries that do not support the US control of Greenland. Another juvenile car chase in Howard County leads to death of the young driver. Delegate Mike Griffith joins the show to discuss his newest legislations, "Kanaiyah's Law" and more reports of mistreatment of foster children under MD DHS. A smaller version of the Sphere in Law Vegas is making its way to Maryland. Listen to C4 & Bryan Nehman live weekdays from 5:30 to 10am on WBAL News Radio 1090, FM 101.5 & the WBAL Radio App!
SUMMARY DEL SHOW Los futuros suben este viernes con apoyo de buenos resultados bancarios y momentum en growth: $SPX +0.42%, $US100 +0.56% y $INDU +0.21%. La Casa Blanca busca acelerar plantas eléctricas para data centers de IA con contratos a 15 años en PJM; posibles ganadores: $VST, $CEG y $NRG. Noticias corporativas: $LCID apunta a producción completa en Arabia Saudita en 2026 y $BA reduce riesgo laboral con acuerdo provisional en Wichita.
Join the conversation with C4 & Bryan Nehman. C4 & Bryan started the show this morning discussing the press conference held by the Ravens yesterday in the wake of John Harbaugh's departure as head coach. Protests in Minnesota continue. First day of session in Annapolis. Could there be an issue with PJM's data centers. Jennifer Grondahl, SVP of Communications for the Baltimore Orioles, joined the show to talk about 2026 promotional items, special ticket packages & more. Listen to C4 & Bryan Nehman live weekdays from 5:30 to 10am on WBAL News Radio 1090, FM 101.5 & the WBAL Radio App!
L'intelligence artificielle a un appétit vorace, et Meta a décidé d'y répondre avec une énergie qui ne connaît ni intermittence ni demi-mesure : le nucléaire. Pour alimenter ses data centers et ses supercalculateurs, le groupe de Meta vient de conclure trois accords majeurs aux États-Unis, mêlant prolongation de centrales existantes et financement de réacteurs de nouvelle génération. Objectif : sécuriser, sur plusieurs décennies, l'électricité nécessaire à ses ambitions dans l'IA.Premier pilier de cette stratégie, un partenariat avec TerraPower, la société fondée par Bill Gates. Meta va soutenir le développement de huit réacteurs Natrium, capables de monter jusqu'à 2,8 gigawatts de puissance, assortis de 1,2 gigawatt de stockage intégré. Les deux premières unités pourraient fournir 690 mégawatts dès 2032, les six suivantes devant entrer en service d'ici 2035. Ces réacteurs se distinguent par une conception pensée pour la flexibilité : plus sûrs, plus réactifs face aux variations de demande, et plus faciles à intégrer au réseau existant.Deuxième axe, l'alliance avec Oklo, spécialiste des petits réacteurs modulaires. L'entreprise prévoit de bâtir un véritable campus nucléaire dans le comté de Pike, dans l'Ohio. À terme, jusqu'à 1,2 gigawatt pourraient être injectés dans le réseau PJM dès 2030. Mais l'accord le plus spectaculaire concerne trois centrales nucléaires vieillissantes exploitées par Vistra : Perry et Davis-Besse, dans l'Ohio, et Beaver Valley, en Pennsylvanie. Menacées de fermeture, elles bénéficieront d'un contrat d'achat d'électricité sur vingt ans, garantissant 2,1 gigawatts stables, assortis d'extensions de capacité totalisant 433 mégawatts. Une puissance supplémentaire qui profitera à l'ensemble du réseau régional.Toute cette énergie converge vers une cible bien précise : Prometheus, le méga-centre de calcul IA de Meta à New Albany, appelé à fonctionner en continu. Contrairement aux renouvelables, le nucléaire offre un courant constant, indispensable pour entraîner des modèles d'IA à grande échelle. Meta insiste sur un point : l'entreprise finance intégralement ces accords, sans faire peser la charge sur les consommateurs locaux. Mieux, les nouvelles capacités ajoutées pourraient contribuer à stabiliser les prix de l'électricité et créer des milliers d'emplois. Avec cet investissement hors norme, complété par un précédent accord avec Constellation Energy pour prolonger la centrale de Clinton dans l'Illinois, Meta s'impose désormais comme l'un des moteurs privés du renouveau nucléaire américain. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.
Happy New Year! Welcome to the first Courtside Financial episode of 2026. Today we're breaking down the December delivery numbers that just dropped across the EV industry, and the story they're telling is fascinating.NIO just hit a massive milestone – their one-millionth vehicle is rolling off the production line in just days. They delivered a record 48,135 vehicles in December, up 55% year-over-year, with their premium brand crushing it at over 31,000 deliveries. The third-generation ES8 is performing exceptionally well. For the full year, NIO delivered 326,028 vehicles, up 47%.But we're keeping it objective. Q4 deliveries came in at 124,807 vehicles, near the upper end of their revised guidance of 120,000-125,000 units. However, that guidance was cut from an original target of 150,000 units due to the Chinese government's sudden cancellation of trade-in subsidies in October. This policy shift affected the entire Chinese EV market, not just NIO.The positive story? Vehicle gross margins hit 14.7% in Q3 and are expected to reach around 18% in Q4, with the ES8 potentially exceeding 20% margins. That's Tesla-level profitability. NIO is also adding over 1,000 battery swap stations in 2026, launching fifth-generation stations in Q2, and expanding Firefly internationally to 40 countries and regions.Tesla's situation is more concerning. They delivered 418,000 vehicles in Q4, down 16% year-over-year and 16% quarter-over-quarter. For the full year, deliveries dropped 8.56% to 1.64 million vehicles. The big headline: BYD overtook Tesla as the global BEV leader for the first time ever, selling 2.26 million pure electric vehicles in 2025, up 28%. Tesla's European registrations were down 28% through November, and China sales declined over 7%.Xpeng delivered 429,445 vehicles for 2025, up 126%, but their Q4 came in at 116,249 units, below their 125,000-132,000 guidance range. The pattern is clear – the entire Chinese EV market was impacted by subsidy cuts and pricing pressure.Then we shift to something unexpected: Bernie Sanders and Ron DeSantis – two politicians who agree on virtually nothing – both came out hard against AI data center expansion. Sanders called for a national moratorium on data center construction. DeSantis said the US doesn't have enough grid capacity for what's being planned.Why does this matter? Residential electricity prices are forecast to rise another 4% in 2026 after increasing 5% in 2025. Rising utility bills were a key factor in Democrat Abigail Spanberger's landslide Virginia gubernatorial victory, and Virginia is the world's largest data center market. The PJM grid serving 65 million people will be six gigawatts short of its reliability requirement by 2027 – that's Philadelphia's entire electricity demand. When Sanders and DeSantis agree, the political winds are shifting fast, and this could significantly slow AI infrastructure development.Finally, we close with a business lesson from an unexpected source. Beyoncé just became a billionaire, joining Taylor Swift, Rihanna, and Jay-Z. Her Cowboy Carter tour grossed $407 million from just 32 concerts – the shortest tour to ever reach $400 million. But here's what matters: the largest chunk of her wealth comes from her music catalog, which she owns completely through Parkwood Entertainment.The lesson? Ownership of core assets drives wealth creation. Beyoncé owns her masters and distribution. NIO owns battery swap infrastructure. Tesla owns the Supercharger network. BYD vertically integrates batteries and semiconductors. Whether it's entertainment, EVs, or technology, the companies and individuals who control their critical infrastructure build defensible, long-term value.This is objective analysis covering wins and challenges. I'm a NIO bull, but that means presenting the full picture – the record deliveries and margin improvements alongside the guidance cuts and macro headwinds.2026 is going to be an incredible year for business and technology coverage..
As an aging grid faces rising demand, increasing complexity, and more frequent stress events, one thing has become clear: we don't just need more power, we need power that can show up at the right time, in the right place, and at the right price. What's far less settled is how we get there. Should large energy users build their own power? Should they treat the grid as something to work around rather than work with? Or is there a way for new load to actively strengthen the grid by contributing capacity when it's needed most?This moment is being shaped by real market signals. Just two weeks ago, PJM, the largest power market in the U.S., cleared its latest capacity auction at the market cap yet again, underscoring how tight supply has become and how quickly affordability pressures are building. As data center demand accelerates, those pressures are no longer abstract, they're showing up in prices, planning decisions, and who ultimately pays.These questions have been a throughline for us this year on Watt It Takes. We've talked with founders working across the grid, from storage and interconnection to transmission and large-scale development. Today's conversation brings many of those threads together.Dana Guernsey and her team at Voltus are tackling that challenge at the intersection of demand and supply, turning customer-side flexibility into dependable grid capacity. Voltus sits between energy users and grid operators, aggregating flexible demand from sources like demand response, EV charging, batteries, and onsite generation, and translating it into dispatchable capacity that markets value and pay for. Voltus's business model is a value-share: the company monetizes that flexibility in energy markets and shares the resulting value with the customers providing it.Voltus operates across all major North American power markets, even in an industry where each ISO and RTO plays by different rules. Today, the company manages more than eight gigawatts of flexible capacity and supports tens of thousands of customer sites, with resources dispatched thousands of times each year.On this last episode of the year, I spoke with Dana Guernsey, Co-Founder and CEO of Voltus. We talked about her journey, from growing up in Queens, New York and coming of age around 9/11, to discovering energy markets during her time at EnerNOC, to founding Voltus while starting a family. That path shaped how Dana thinks about complexity, customers, and reliability, and ultimately led her to build Voltus into a platform designed to help make clean, affordable, and reliable power something we don't have to trade off against growth.About Powerhouse Innovation and Powerhouse VenturesPowerhouse Ventures backs seed stage startups developing innovative software to advance clean energy, mobility, and industry. If you are thinking about building something in this space, get in touch with our team.Powerhouse Innovation is a best in class consulting firm, powered by the strongest energy innovation network, data and team in our industry. We partner with world's leading corporations, investors, and utilities to source and evaluate disruptive startups shaping the future of energy and industry.To hear more stories of founders building our energy abundant future, hit the “subscribe” button and leave us a review.
Maryland House of Delegates elects a new speaker and overrides 19 governor vetoes. PJM, the regional electric grid operator which includes MD, VA, and DC, holds a capacity auction that predicts sharp increases in rates but is held in check by a price cap. Frederick County Council considers whether to approve an expanded area for data center building near Adamstown. Damascus and Wootton High School communities contest who will get a new building first. Montgomery County Public Schools announced its new operating budget, but we are still stuck And more. Music by Kara Levchenko.
We are thrilled to share this Special Edition COBT as our final episode of 2025. Like many of you, we have been closely watching the escalating situation in Venezuela, and we had the honor of hosting former Attorney General Bill Barr to hear his unique perspectives. Bill served twice as Attorney General, first under President George H. W. Bush from 1991 to 1993 and again under President Donald Trump from 2019 to 2020. He is the author of “One Damn Thing After Another” and has held senior roles at Kirkland & Ellis and Verizon. He earned his law degree from George Washington University and studied Government and Chinese Studies at Columbia. Bill is currently a Partner at Torridon Group. It was our pleasure to visit with Bill and hear his insights on the latest developments in Venezuela. In our conversation, we explore the current Venezuela crisis and U.S. military buildup, why Bill welcomes the Trump Administration's response, and why he sees Venezuela as both a national security threat and humanitarian crisis. Bill outlines narco-terrorism versus traditional organized crime, how cartels use drugs as a weapon against the U.S., and why he views Venezuela as a strategic adversary with deep ties to Russia, China, Cuba, Iran, and Hezbollah. He explains why domestic-style law enforcement doesn't work inside hostile foreign territory and walks through the long-standing U.S. doctrine of acting when foreign states are “unable or unwilling” to deal with threats to the U.S. in their territory. We discuss lessons from U.S. action in Panama, stopping short in Iraq after Gulf War I, what “if you break it, you own it” means for Venezuela, why Venezuela is the focus now, versus Mexico and others, the role of Russia and China in Venezuela, and how renewed enforcement pressure on sanctioned tankers and oil flows can further squeeze the regime. We cover the effectiveness and limits of sanctions and the emerging quasi-blockade, how the President should think about escalation from a legal and constitutional perspective, Maduro's options and potential off-ramps, the case for swift, decisive action, how failed regimes drive refugee crises that put pressure on U.S. borders, the potential collateral benefits for Venezuela and the broader region if things go well, and much more. As always, we appreciate hearing Bill's perspectives. It was a fascinating conversation. Mike Bradley kicked us off by noting that Thursday's November CPI report printed much lower than expected, which lifted bonds and equities. On the electricity market front, he highlighted that the PJM Capacity Auction for 2027-2028 resulted in a record price ($333 per megawatt day). The more concerning takeaway, however, was that PJM did not obtain enough capacity to meet future reliability requirements. In energy news, Mike noted that Meg O'Neill, current CEO of Woodside Energy, has accepted the CEO role at BP PLC. On the oil market front, he observed that WTI price appears to have temporarily stabilized in the $56-$57/bbl range. Oil markets continue to be overly concerned with a “perceived” oil supply price glut in 2026, and at the current WTI strip price (mid-$50s/bbl), 2026 E&P budgets will be negatively impacted when they report in the coming months. He wrapped by walking through Venezuela's past/present oil production (under both the Chávez and Maduro administrations) and the severe economic damage that's been inflicted under the Maduro presidency. Arjun Murti built on Mike's comments and reflected on Venezuela's oil industry in the 1990s, when international oil companies partnered with PDVSA to develop the country's vast heavy-oil resources under favorable fiscal terms and strong technical collaboration. He contrasted that period with the deterioration that followed under Hugo Chávez and Nicolás Maduro, as contract terms were tightened and assets were eventually nationalized, contributing to the collapse of Venezuela's oil sector and the country's
Today we had the pleasure of welcoming back our good friend Les Csorba, Partner in Charge of the Houston office and a member of the CEO and Board of Directors Practice at Heidrick & Struggles. Les has over 30 years of experience in executive search, leadership consulting, and executive coaching, and he has long been a thoughtful, balanced voice within the energy community. Earlier this fall, he published “Aware: The Power of Seeing Yourself Clearly” (linked here). It's a fascinating exploration of how confronting blind spots, deepening both internal and external self-awareness, and cultivating environments where candid feedback is encouraged can transform leaders and organizations. As always, we appreciate hearing Les's perspective and were thrilled to visit with him. In our conversation, we cover why 2026 will test leaders, with fast-changing macro and geopolitical dynamics putting pressure on executives to lead with clarity, agility, and foresight. We explore how to create cultures where people speak candidly, including giving trusted team members permission to call out blind spots, as well as the difference between chain of command and chain of communication, and the importance of leaders being visible, accessible, and in direct contact with all levels of the organization. Les shares what led him to write “Aware” and the research Heidrick conducted showing that across 75,000 assessments, only ~13% of people demonstrated true self-awareness, inspiring Les to conclude that meaningfully raising that percentage could dramatically enhance organizational performance. We discuss internal versus external awareness, how leaders must treat macro/geopolitical chaos as primary inputs rather than background noise, how AI can boost efficiency but may dull self-awareness, and how to build feedback cultures and measure awareness. Les reflects on the early reception to the book and why self-awareness matters not just for leaders but for teams, boards, and personal relationships, why self-awareness is at historic lows, the importance of hiring and building around weaknesses, and how leaders can optimize and fully leverage their strengths. Les emphasizes the need to get outside of your information bubble, seek diverse perspectives, and cultivate the blend of confidence and humility that characterizes the most effective leaders. We close by discussing what's next for Les, the four forces for energy leaders in 2026 (agility, internal activism, strategic awareness, and foresight vs. forecast), and the most common board weakness, lacking someone who can push back thoughtfully and respectfully. Mike Bradley kicked us off by noting the 10-year bond yield was holding steady (~4.15%) following last week's FOMC meeting. He flagged the dissenting votes for an interest rate cut and suggested the split could foreshadow dynamics under the next Fed Chairman. On the broader equity market front, he observed that markets appear to be losing trading momentum and that 2026 could be a “year of reckoning” for 2025's market leaders (AI/Tech) as investors begin scrutinizing data center spending and associated returns more closely. In the oil market, he highlighted that WTI fell to a four-year low (~$55-bbl) on continued 2026 global oil surplus concerns rather than any specific event. He also noted that at the current 12-month strip ($55/bbl), 2026 upstream budgets, which will be announced in the next 1-2 months, will likely be negatively affected. On the natural gas front, he pointed out that over the past seven trading days, prompt U.S. natural gas price has plunged ~$1.50/MMBtu (to $3.85/MMBtu) due to a warmer short-term winter outlook. On the electricity front, he noted that 2027+ PJM capacity market auction results will be released Wednesday afternoon. Most investors are expecting prices to again hit the ceiling (~$335/mw), which might serve a
Today on the Energy News Beat, Stand up Stu Turley and David Blackmon talk about the critical issues around Data Centers, Venezuela, Chevron, and how investors would react. With an oil platform in the Caspian Sea hit by Ukrainian drones, another Russian Tanker hit, and the U.S. boards a tanker loaded with Venezuelan oil, you can't buy this kind of entertainment. Years ago, oil would have spiked to $20, and today it's going down. 1. The data center boom and its impact on power grids, especially in the PJM region of the northeastern United States. The transcript discusses how the rapid growth of data centers is straining power grids and causing utility rates to rise. 2. Chevron's operations in Venezuela and the complex geopolitical situation there, including the enforcement of US sanctions and the potential for regime change.3. Innovative solutions to power data centers, such as the supersonic engine developed by Boom Supersonic, that can be used to power AI data centers.4. Concerns about a potential "bubble" in the data center industry due to the rapid growth and large investments.5. Partnerships between energy companies and data center operators, such as Exxon's deal with NextEra to develop a gigawatt-scale data center.6. The importance of developing domestic rare earth refining capabilities in North America to reduce reliance on China.7. The boom in US solar installations is driven by the impending expiration of tax credits and concerns about the sustainability of this growth.8. Ongoing mergers and acquisitions in the natural gas sector, as companies seek to gain economies of scale.00;00 Introduction Data Centers01:20 PJM Grid Growth in West Virginia04:26 Chevron and Venezuela on the Front Lines08:41 Symphonic Supersonic new gas turbine for data centers12:58 Exxon is working with NextEra to develop a Gigawatt Data Center16:00 US Solar is setting up for a crash23:41 Exxon and Chevron ChartsThanks to David Blackmon for stopping by the ENB Stand Up and sharing his Forbes Article and expertise. Please subscribe to him at https://blackmon.substack.com/Shout out to our sponsor, Reese Energy Consulting. Check them out here: https://reeseenergyconsulting.com/Follow Michael On LinkedIn and XFollow Stu on LinkedIn and XENB Top NewsENB PodcastENB SubstackOil & Gas InvestingWant to get your story in front of our massive audience? Get a media Kit Here. Please help us help you grow your business in Energy. https://energynewsbeat.co/request-media-kit/
Maryland's non-partisan Department of Legislative Services provides a bleak fiscal outlook, but two months ago the Board of Revenue Estimates reported high tax collections for last year. What's with the prediction swings? PJM membership votes down all 12 proposals on new data center connection rules. Prince George's County ends a 27-year old ban on the pit bulls in the county. The intersection of pitbull bans with race and class politics. And more. Music by Kara Levchenko.
After years of stalled transmission buildout, there are new signs of progress. Earlier this month, SPP approved $8.6 billion in transmission projects across 14 states. Major plans are emerging in MISO, PJM, and ERCOT. Despite the DOE canceling its loan guarantee, the Grain Belt Express is still moving forward. And regardless of court battles, so is the New England Clean Energy Connect. Are these signs that the U.S. could start building transmission at scale again? In this episode, Shayle talks to Rob Gramlich, founder and president of Grid Strategies. He and Shayle cover topics like: Why Rob says the DOE's efforts to fast-track large-load interconnection is a positive sign for transmission buildout The recent buildout of 880 miles of transmission and why it may look better than it is Why transmission hasn't benefited from data center investment Specific projects, including SPP's transmission backbone and the Grain Belt Express Rob's outlook on buildout over the coming year The uncertain future of permitting reform despite bipartisan support Resources: Catalyst: Unpacking DOE's proposal to transform data center interconnection Latitude Media: How the Grain Belt Express lost its LPO loan E&E News: Data center growth cited in defense of MISO transmission plan Fill out our short podcast listener survey for a chance to win a $100 Amazon gift card. Credits: Hosted by Shayle Kann. Produced and edited by Daniel Woldorff. Original music and engineering by Sean Marquand. Stephen Lacey is our executive editor. Catalyst is brought to you by EnergyHub. EnergyHub helps utilities build next-generation virtual power plants that unlock reliable flexibility at every level of the grid. See how EnergyHub helps unlock the power of flexibility at scale, and deliver more value through cross-DER dispatch with their leading Edge DERMS platform, by visiting energyhub.com.Catalyst is brought to you by Bloom Energy. AI data centers can't wait years for grid power—and with Bloom Energy's fuel cells, they don't have to. Bloom Energy delivers affordable, always-on, ultra-reliable onsite power, built for chipmakers, hyperscalers, and data center leaders looking to power their operations at AI speed. Learn more by visiting BloomEnergy.com.
Today we had the opportunity to host Jim Bride, President of Energy Tariff Experts (ETE). We became familiar with Jim after reading his report on power generation costs and impacts on electric bills earlier this year (linked here). Jim founded ETE in 2013 to provide expert consulting, data products, and analysis related to retail electricity, natural gas, and water rates. Before founding ETE, Jim served as a Portfolio Manager at EnerNOC and earlier in his career worked as an environmental professional at Tetra Tech EMI, focused on EPA Superfund investigations and brownfield remediation. ETE helps clients navigate the complex world of energy rates by providing actionable data and insights on utility pricing structures to facilitate efficient capital deployment, reduce energy expenses, and enhance the performance of distributed energy resource management systems. We were thrilled to visit with Jim to discuss ETE's report and the power landscape more broadly. In our conversation, we begin by exploring how rising power prices, especially in the PJM market, are gaining political attention. Jim then provides a brief history of the utility sector, tracing the deregulation movement that began in the 1980s and ultimately reshaped the industry into separate components for generation, transmission, and distribution. We discuss how each of these components, along with public-policy charges like renewable mandates or green standards, contribute to PJM customers' bills. Jim describes his team's extensive effort to reconstruct 12 years of utility tariff data to understand which costs have been driving recent increases. Their findings show that while generation costs had broadly fallen for a decade due to cheap shale-driven natural gas and competitive markets, only spiking briefly during the Ukraine-related gas price surge, transmission charges have grown significantly as utilities invest heavily in new and replacement infrastructure under favorable FERC rules. In states like New Jersey and Maryland, public-policy charges tied to decarbonization mandates have also risen meaningfully. The result is that today's higher bills stem mainly from transmission spending and policy add-ons, not from generation itself, though all components interact. The discussion closes with reflections on aging grid assets, rising load from electrification and data centers, and how future planning and policy choices will shape costs going forward. It was a meaty conversation and we greatly appreciate Jim joining us. To start the show, Mike Bradley highlighted that markets over the last week can best be described as “wobbly” due to growing interest rate cut concerns, continued broader market valuation concerns, and AI/Tech equity exhaustion. On the bond market front, the 10-year bond yield has crept up recently to just over 4.1% on concerns that the Fed may not cut interest rates at their December FOMC Meeting. The odds of a December rate cut have fallen from ~75% just a few weeks ago to ~50% today. Over the last month, Bitcoin has plunged from a peak of ~$125k to ~$90k, which also implies there's a bit of a risk-off trade occurring. On the broader equity market front, the S&P 500 is down ~3% over the last week (down ~5% from recent highs) and seems to have lost its long-held trading momentum. Big6 AI/Tech stocks are down ~11% from recent all-time highs and both the S&P 500 and Big6 AI/Tech stocks are nearing technically oversold levels, which hasn't been seen since the April tariff scare. NVIDIA will report its Q3 results after the close on Wednesday, and it will be a huge test to see whether Big AI/Tech equities will continue to be the broader equity market leaders. On the oil market front, the WTI price continues to hold the $60/bbl level, with the biggest overhang continuing to be the size of the 2026 global oil supply surplus. The IEA
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Pennsylvania folded, they decided to abandon the regional carbon trading market. Energy was getting very expensive. Trump will begin drilling in Alaska, something the [DS]/[CB] have been trying to stop. Coffee, Beef and Bananas will be coming down in price. The housing market is about to change. The [D]'s are pushing the Epstein hard and there are some Republicans that are joining in. Trump has warned them, he can see the board very clearly now. The release of the Epstein files is not just about getting Trump it looks like the [D]'s are trying to clear themselves. This will fail. Trump knew that Epstein was part of Obama's resistance. Trump trapped the [D]'s and he is in control of the Epstein narrative. Economy First Casualty Of Power Bill Crisis? Pennsylvania Abandons Regional Carbon-Trading Market The worsening power bill crisis across the Mid-Atlantic region, a combination of nation-killing climate change policies colliding with surging load growth from data centers, has forced Pennsylvania Governor Josh Shapiro to sign legislation allowing the state to abandon the Regional Greenhouse Gas Initiative (RGGI). The Pennsylvania legislature ended the state's RGGI participation in the new state budget, which also cut funding tied to the climate initiative, effectively reversing the state's 2019 entry under former Governor Tom Wolf. It's straightforward: climate taxes = higher power bills. Independent reports (from grid operator PJM and state regulators) have warned RGGI would: pressure to close gas and coal plants early loss of grid resilience higher risk of capacity shortages Given surging load growth from data centers, RGGI was a disaster waiting to happen that would've stripped the grid of spare capacity, destabilized regional power supply, and effectively paralyzed the state into a power crisis, as its neighbors just south, in Maryland, have done through failed globalist climate crisis policies. Source: zerohedge.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Trump Administration OKs Oil, Gas Drilling in Alaska Wildlife Refuge The Trump administration on Thursday finalized plans to open the coastal plain of Alaska's Arctic National Wildlife Refuge to potential oil and gas drilling, renewing a long-simmering debate over whether to drill in one of the nation's environmental jewels. U.S. Interior Secretary Doug Burgum announced the decision Thursday that paves the way for future lease sales within the refuge's 1.5 million-acre ( 631,309 hectare) coastal plain, an area that's considered sacred by the Indigenous Gwich'in. The plan fulfills pledges made by President Donald Trump and congressional Republicans to reopen this portion of the refuge to possible development. Trump's bill of tax breaks and spending cuts, passed during the summer, called for at least four lease sales within the refuge over a 10-year period. A federal judge in March said the Biden administration lacked authority to cancel the leases, which were held by a state corporation that was the major bidder in the first-ever lease sale for the refuge held at the end of Trump's first term. Source: newsmax.com https://twitter.
Want the latest news, analysis, and price indices from power markets around the globe - delivered to your inbox, every week?Sign up for the Weekly Dispatch - Modo Energy's unmissable newsletter.https://bit.ly/TheWeeklyDispatchFrom ERCOT to CAISO, MISO to PJM, regional differences are defining how clean energy assets are built, operated, and financed. Prices, policy, and technology are moving at different speeds and for developers and investors, keeping track of what matters most has never been more important.In this episode of Transmission, Brandt Vermillion & Pete Berini break down what's driving change across US energy markets in 2025. They explore how policy reforms, flexibility signals, and battery economics vary by region, and what this means for those building the next generation of clean energy assets. The conversation dives into the fundamentals shaping storage revenues, market volatility, and how transparency can help investors make smarter, faster decisions in an increasingly complex landscape.Key points covered:•Changes to federal policy and how it has impacted renewables and BESS build out.•Trends in system durations across different markets.•How storage economics and flexibility markets are evolving.•Why transparency and data-driven insight matter more than ever.About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
Want the latest news, analysis, and price indices from power markets around the globe - delivered to your inbox, every week?Sign up for the Weekly Dispatch - Modo Energy's unmissable newsletter.https://bit.ly/TheWeeklyDispatchFrom ERCOT to CAISO, MISO to PJM, regional differences are defining how clean energy assets are built, operated, and financed. Prices, policy, and technology are moving at different speeds and for developers and investors, keeping track of what matters most has never been more important.In this episode of Transmission, Brandt Vermillion & Pete Berini break down what's driving change across US energy markets in 2025. They explore how policy reforms, flexibility signals, and battery economics vary by region, and what this means for those building the next generation of clean energy assets. The conversation dives into the fundamentals shaping storage revenues, market volatility, and how transparency can help investors make smarter, faster decisions in an increasingly complex landscape.Key points covered:•Changes to federal policy and how it has impacted renewables and BESS build out.•Trends in system durations across different markets.•How storage economics and flexibility markets are evolving.•Why transparency and data-driven insight matter more than ever.About Modo EnergyModo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.All of our interviews are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, conversations, data visualizations, live events, and more, follow us on LinkedIn. Check out The Energy Academy, our bite-sized video series breaking down how power markets work.
Frederick County Executive Jessica Fitzwater joined Bob Miller during the Morning News Express to talk about the Maryland Piedmont Reliability Project (MPRP) a proposed 70-mile, 500,000-volt transmission line designed to enhance the regional electric grid's reliability. Awarded to PSEG by the regional operator PJM, the project would pass through Baltimore, Carroll, and Frederick counties and is supported by proponents who say it is needed to prevent blackouts and support growing energy demands. She and a lot of people have not liked how this has been run from the start.See omnystudio.com/listener for privacy information.
The PJM electricity market is embroiled in a crisis where ratepayers are being gouged to line the pockets of generation owners.| Show page available: https://ilsr.org/article/energy-democracy/how-to-fix-PJM-ler248/| Listen to all of our Local Energy Rules podcast episodes at our site: https://ilsr.org/energy/local-energy-rules-podcast/ | Don't forget to subscribe, share with your friends, leave a recommendation on our podcast feeds, […]
Die USA sind das Land der billigen Energie. Wer das Haus verlässt, macht meistens nicht einmal das Licht aus. Doch jetzt passiert womöglich das Undenkbare: Immer häufiger gucken Amerikaner fassungslos auf ihre Stromrechnung. Der KI-Boom fordert seinen Preis. Private Haushalte zahlen die Zeche.Gast? Sandra Navidi. Die Rheinländerin lebt und arbeitet seit mehr als 20 Jahren an der New Yorker Wall Street und erklärt auf ntv regelmäßig, was auf der anderen Seite des Atlantiks passiert. Im ntv-Podcast "Biz & Beyond" spricht sie gemeinsam mit ntv-Wirtschaftschef Ulrich Reitz mit mächtigen Entscheidern, renommierten Experten und außergewöhnlichen Persönlichkeiten über ihren Erfolg und ihr Leben.Moderation? Christian HerrmannSie haben Fragen? Schreiben Sie eine E-Mail an podcasts@ntv.deSie möchten "Wieder was gelernt" unterstützen? Dann bewerten Sie den Podcast gerne bei Apple Podcasts oder Spotify.Alle Rabattcodes und Infos zu unseren Werbepartnern finden Sie hier: https://linktr.ee/wiederwasgelerntUnsere allgemeinen Datenschutzrichtlinien finden Sie unter https://datenschutz.ad-alliance.de/podcast.htmlWir verarbeiten im Zusammenhang mit dem Angebot unserer Podcasts Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html+++ Hinweis zur Werbeplatzierung von Meta: https://backend.ad-alliance.de/fileadmin/Transparency_Notice/Meta_DMAJ_TTPA_Transparency_Notice_-_A… +++Unsere allgemeinen Datenschutzrichtlinien finden Sie unter https://art19.com/privacy. Die Datenschutzrichtlinien für Kalifornien sind unter https://art19.com/privacy#do-not-sell-my-info abrufbar.
In a packed week for bitcoin mining news, MARA has dismissed its CTO, BlackRock cooks up a $40 billion data center firm acquisition, and Bitdeer unveils its $2 billion AI ambitions. Click Here To Join the BitAxe Giveaway! Welcome back to The Mining Pod! This week, Luxor CEO Nick Hansen joins us to talk multi-month hashprice lows (how low do we go?), MARA firing its CTO, Ionic Digital's Microsoft-linked AI deal, Bitdeer's gangbusters September and $2B AI plans, and BlackRock taking the lead on a $40B data center company acquisition. Plus, the US government seizes $14.1B (potentially $16.5B total) in bitcoin from an international scam operation. **Notes:** • Hash price dropped below $50/PH/day at $47 • Difficulty adjustment down 2.5% after months of increases • Bitcoin price fell from $125K to $108K post-tariff news • Marathon quietly cans CTO • Bitdeer mined 452 BTC in Sept, up 20.5% month-over-month • Bitdeer projects $2B annual revenue from AI starting in 2026 • BlackRock leads $40B Aligned Data Centers acquisition • US seized $14.1B+ Bitcoin from crime syndicate • PJM needs 43GW battery storage by 2045 • Ionic Digital secured 240MW Microsoft lease, expandable to 1.2GW Timestamps: 00:00:00:00 Start 00:01:51:00 Difficulty Report by Luxor 00:11:28:10 MARA CTO fired 00:15:40:17 Ionic Digital gets into the AI action 00:18:16:13 PJM needs 43 GW of battery by 2045 00:23:22:16 Bitdeer's big September 00:27:56:23 BlackRock & Nvidia deal 00:35:03:28 Cry Corner: Uncle Sam gets that bag
Click Here To Join the BitAxe Giveaway! Welcome back to The Mining Pod! This week, Luxor CEO Nick Hansen joins us to talk multi-month hashprice lows (how low do we go?), MARA firing its CTO, Ionic Digital's Microsoft-linked AI deal, Bitdeer's gangbusters September and $2B AI plans, and BlackRock taking the lead on a $40B data center company acquisition. Plus, the US government seizes $14.1B (potentially $16.5B total) in bitcoin from an international scam operation. **Notes:** • Hash price dropped below $50/PH/day at $47 • Difficulty adjustment down 2.5% after months of increases • Bitcoin price fell from $125K to $108K post-tariff news • Marathon quietly cans CTO • Bitdeer mined 452 BTC in Sept, up 20.5% month-over-month • Bitdeer projects $2B annual revenue from AI starting in 2026 • BlackRock leads $40B Aligned Data Centers acquisition • US seized $14.1B+ Bitcoin from crime syndicate • PJM needs 43GW battery storage by 2045 • Ionic Digital secured 240MW Microsoft lease, expandable to 1.2GW Timestamps: 00:00:00:00 Start 00:01:51:00 Difficulty Report by Luxor 00:11:28:10 MARA CTO fired 00:15:40:17 Ionic Digital gets into the AI action 00:18:16:13 PJM needs 43 GW of battery by 2045 00:23:22:16 Bitdeer's big September 00:27:56:23 BlackRock & Nvidia deal 00:35:03:28 Cry Corner: Uncle Sam gets that bag
Most solar installers miss the biggest opportunity in clean energy today.Jay Marhoefer started Intelligent Generation in 2009, six years before the market was ready. Today, his company delivers 3-6x higher ROI for commercial solar projects by stacking revenue streams from batteries. This episode reveals how the "Earn, Save, Protect" model works in PJM markets, where capacity charges alone can cost customers $100,000 per megawatt annually.Key Discussion Points:The value stack explained: earning from grid services (like frequency regulation), saving on capacity charges (up to 50% of C&I bills), and protecting operations with backup power5CP strategy: how predicting five coincident peaks saves industrial customers hundreds of thousands per yearBattery economics shifting: 4-hour systems now at $200/kWh, 8-hour systems approaching $100/kWh (the natural gas replacement threshold)Data centers driving massive grid growth: 26 gigawatts requested in ComEd territory versus 20 gigawatt peak loadAI optimization: using machine learning to extract maximum value from distributed battery fleetsTechnology comparison: lithium iron phosphate dominates today, but flow batteries and sodium offer specialized advantages for grid applicationsGeographic expansion: Intelligent Generation moving from Illinois throughout 13-state PJM territoryJay shares lessons from 15 years building the company, including early pilot projects, frequency regulation markets, and partnerships with Continental Energy Solutions and G&W Electric. Learn why batteries paired with solar create compelling economics even without incentives.Connect with Jay Marhoefer, Intel Gen Jay Marhoefer LinkedInIntelligent Generation Website Support the showConnect with Tim Clean Power Hour Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email tim@cleanpowerhour.com Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: CleanPowerHour@gmail.com Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America's number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Friday Headline Brief of The Wright Report, we cover the third day of the government shutdown, new polling on political violence, a Minnesota immigration bust, shocking revelations in the Epstein case, crackdowns on unsafe foreign truck drivers, the rising cost of AI power demands, European drone threats, the UK's immigration and crime crisis, a free speech case in Switzerland, a new defense pact in the Pacific, and the science of living to 117. Quick hits to set your radar for the weekend. Day Three of the Shutdown: Trump celebrated, “I can't believe the Radical Left Democrats gave me this unprecedented opportunity.” He is targeting Democrat-leaning agencies and clawing back billions from NYC's subway system and Biden's green energy projects to fund AI and mineral wars. Poll on Political Violence: NPR and PBS found 30 percent of Americans say violence may be necessary to “steer the country in the right direction,” up from 19 percent last year. Bryan warns that equals 60 million people. Immigration Fraud Bust in Minnesota: Operation Twin Shield uncovered 275 likely cases of sham marriages, fake jobs, and forged documents. Nationwide “neighborhood checks” are set to follow. Epstein Blackmail Claims: Commerce Secretary Howard Lutnick, a former neighbor, said Epstein's massage room “was on video” and called him “the greatest blackmailer ever.” His account echoes Cindy McCain's 2020 remark that “we all knew” what Epstein was doing. Foreign Truck Driver Crackdown: DOT Secretary Sean Duffy imposed strict new visa, immigration, and English requirements after finding 25 percent of California CDLs are bogus. Trucking groups applauded the move. AI Sends Power Bills Higher: Bloomberg reports AI data centers pushed utility costs up $16.1 billion in the PJM grid, raising household bills. But Johns Hopkins found AI can predict surgical complications better than doctors, offering life-saving potential. Russia's Shadow Fleet and Drone Threats: France detained a Russian oil tanker tied to drones buzzing Denmark. Bryan warns adversaries could launch drones or missiles from disguised ships off U.S. shores. UK's Crisis of Immigration and Crime: A Syrian named Jihad al-Shamie attacked a synagogue, while a British blogger was arrested for posting “F- Hamas.” Seven Pakistani men were sentenced for grooming gangs, and the NHS briefly praised first-cousin marriage before pulling the report. Swiss Man Jailed for Free Speech: He refused to pay fines for calling gender ideology a “mental illness” and chose 10 days in jail. Bryan notes Trump and Vance are right to warn Europe is committing “national suicide.” Pacific Defense Pact: Papua New Guinea signed a deal with Australia, reversing a drift toward Beijing and securing vital waters for U.S. and allied navies. Life at 117: Spanish researchers studied a woman who lived to 117, crediting strong gut bacteria, olive oil, daily walks, and plain yogurt. Bryan quipped, “Unless you live in Portland, where Antifa will get you first.” "And you shall know the truth, and the truth shall make you free." - John 8:32 Keywords: Trump government shutdown day three, Trump cuts Democrat agencies, NYC subway green energy clawback, NPR PBS poll political violence, Minnesota Operation Twin Shield sham marriages, Epstein blackmail Howard Lutnick massage room, Cindy McCain Epstein hiding in plain sight, Sean Duffy DOT truck driver crackdown, AI data center power bills Bloomberg, Johns Hopkins AI surgical risk, France detains Russian tanker drones Denmark, UK Jihad al-Shamie synagogue attack, UK blogger arrested Hamas post, UK grooming gangs Pakistani men, NHS cousin marriage report, Switzerland man jailed free speech skeletons, Papua New Guinea Australia defense pact, Spain woman age 117 gut bacteria
This week on the Conduit Street Podcast, Dominic Butchko sits down with Jason Stanek of PJM Interconnection for a deep dive into Maryland's evolving energy landscape. From the state's growing dependence on imported electricity to the backlog of clean energy projects waiting to connect to the grid, Jason breaks down the challenges and opportunities shaping Maryland's energy future. The conversation explores how PJM keeps the lights on across 13 states and D.C., and what counties need to know about transmission planning and siting. Tune in to learn how local governments fit into this complex puzzle and what reforms are on the horizon to speed up renewable energy deployment and strengthen the grid.Follow us on Socials!MACo on TwitterMACo on Facebook
Kyle Mason (Associate Planner) and Robert Freudenberg (VP, Energy & Environment Program) from the Regional Plan Association break down why New Jersey electricity rates spiked 17-20% in June 2024. They explore how outdated grid infrastructure, AI-driven energy demand, and stalled renewable projects are creating a perfect storm for ratepayers. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Welcome to Uptime Spotlight, shining Light on Wind. Energy's brightest innovators. This is the progress Powering tomorrow. Allen Hall: Kyle and Rob, welcome to the podcast. Thank you for having us. Robert Freudenberg: Yeah, thanks. Great to be here. Allen Hall: Uh, so I was doing a lot of homework online a couple of days ago and looking into, uh, some statements with an administration about the electricity rates in New Jersey, and I thought, well, I need, I need to do my homework because some of this is new to me and throughout all my research and spent several hours on it. Your organization is the only one that had any real data. So I'm glad you're joining us today. So, Kyle, I would like to start with you first, and, and. There's a fundamental challenge that's happening, uh, in New Jersey. Can you just paint a picture of what around New Jersey rate payers are facing with their electricity bills? Kyle Mason: Yeah, absolutely. So starting [00:01:00] June of this year, uh, electricity rates in New Jersey went up between 17 to 20%, depending on your utility company. Uh, that is a cause of a larger problem with the regional grid operator. PJM. Uh, PJM is the grid operator for New Jersey and 12 other states. It covers over 60 million people in a wide geographic area. Uh, they run a annual capacity auction, which secures power for when the grid is at peak load or when most power is being used on the grid. And that capacity market saw record high prices, which trickled down to. Increased electricity rates for New Jersey rate payers. Allen Hall: Rob, from a policy perspective, how did we get here? Robert Freudenberg: Yeah, I mean, there are, there are so many ways we got here and that's part of the issue. Um, you know, I think what we've seen in, in the aftermath [00:02:00] of these rate hikes is everybody trying to point to one thing. Uh, and there is no one thing here. This is, this is a series of changes over time. Um, you know, we're. We're, we're looking at, um, the way we bring energy onto a system on an old grid. We have a very old grid. And we're trying to update it in real time. And the process to put things on the grid is, uh, taking a lot longer than it used to. And we're putting new and more, uh, various types of, of energy sources onto the grid. So, um, as we're, it's like trying to, to build the plane while you're flying it, and we're trying to update our grid. As we need the energy and as demand is increasing. So, um, you know, as we add these new and various sources, uh, to the grid, they're going through a process that used to take a few years, and now it takes many years. And we're also in a, in a phase where we're adding a lot of renewables, which are, you know, not big behemoth like power plants. Um, you know, they're [00:03:00] smaller, more distributed. So the process that's set up to bring new energy, new infrastructure online is outdated. And, um, you know, I think what we're, what we're finding is as we go and more energy is demanded that the system is not keeping up, uh, with the demand. And so we're falling behind and projects are getting stuck in the queue. And the, the federal government,
Recorded in front of a packed room at NYU's Kimmel Center during Climate Week NYC, Ed Crooks and Amy Myers Jaffe moderate a debate on the high-stakes topic of AI and energy. They dig deep into the questions raised by the surge of investment in data centers: what it means for grid stability and electricity bills, and how new technologies and market structures can help the power industry adapt.Climate Week this year often felt more like AI Week, given how many discussions were centred around it. To explore the issues, the team Ed and Amy are joined by representatives of two of the key companies at the heart of the revolution. Josh Parker is Head of Sustainability at NVIDIA, and Craig Sundstrom is Head of Energy & Sustainability Policy at AWS. Xizhou Zhou, Wood Mackenzie's Head of Power and Renewables, also joins the discussion, to add his perspectives on how the industry is changing The load shock is real. Xizhou says that more than 116 GW of US data centers are under construction or fully committed to interconnect in the next few years: equivalent to about 15% of US peak load today. After two decades of flat demand, the electricity industry must rebuild its muscle memory for rapid infrastructure build-out. US power prices went up 6% in the past year, with rates in some states going up far more. What is driving that surge? And what can be done to provide some relief for hard-pressed consumers? One answer comes from rapid progress in the technologies that make AI possible, including the chips. NVIDIA's Josh Parker notes NVIDIA has cut energy use for inference tasks by 100,000× over the past decade ,and by about 30× in just the past two years. Craig from Amazon explains how new grid-enhancing technologies could quickly make a difference, pointing to an AWS/RMI study showing that 6.5 GW of extra capacity could be freed up on the PJM grid without building any new transmission lines. He adds that AI is already helping in California, where smart battery dispatch is cutting costs in real time. Data centers don't only use electricity for computation: they create a lot of heat, too. Josh says there are ways to use that heat, and describes Scandinavian projects that use it for their local district heating networks. With geothermal and new small modular reactors unlikely to reach widespread deployment until well into the 2030s, the panel agrees that the real solutions in the next few years lie in upgrading transmission, expanding storage, redesigning rates, and building in flexibility.It's a busy and lively discussion, with a couple of questions from the audience answered by the panel. If you have any further questions or comments on the show, we'd love to hear them. You can comment on Spotify, leave a review on Apple Podcasts, or find us on YouTube and leave a comment there. Thanks!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Live from RE+ Las Vegas 2025! On episode 34 of the League, David Magid and Benoy Thanjan covered the top clean energy trends we're seeing: Vehicle-to-Grid (V2G) innovation — Acura's 2026 luxury EV showcases how EV batteries can provide backup power, resilience, and even revenue for homeowners while integrating into virtual power plants. EPC + supply chain bottlenecks — With new ITC rules and project rushes, developers must coordinate early with EPCs and suppliers to avoid costly delays. M&A momentum — Madison Energy Infrastructure just acquired NextEra Energy Resources DG platform, signaling strong demand for distributed generation. At RE+ we're also seeing retail electricity pricing climb sharply, especially in PJM, making solar even more competitive as the lowest-cost, fastest-to-build source of electricity. A big thank you to Honda for letting us record this episode from their booth — it was the perfect backdrop to talk about innovation, resilience, and the future of clean energy. Give us 5 minutes and we'll give you the top insights in clean energy. Host Bio: David Magid David Magid is a seasoned renewable energy executive with deep expertise in solar development, financing, and operations. He has worked across the clean energy value chain, leading teams that deliver distributed generation and community solar projects. David is widely recognized for his strategic insights on interconnection, market economics, and policy trends shaping the U.S. solar industry. Connect with David on LinkedIn: https://www.linkedin.com/in/davidmagid/ Host Bio: Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy, solar developer and consulting firm, and a strategic advisor to multiple cleantech startups. Over his career, Benoy has developed over 100 MWs of solar projects across the U.S., helped launch the first residential solar tax equity funds at Tesla, and brokered $45 million in Renewable Energy Credits (“REC”) transactions. Prior to founding Reneu Energy, Benoy was the Environmental Commodities Trader in Tesla's Project Finance Group, where he managed one of the largest environmental commodities portfolios. He originated REC trades and co-developed a monetization and hedging strategy with senior leadership to enter the East Coast market. As Vice President at Vanguard Energy Partners, Benoy crafted project finance solutions for commercial-scale solar portfolios. His role at Ridgewood Renewable Power, a private equity fund with 125 MWs of U.S. renewable assets, involved evaluating investment opportunities and maximizing returns. He also played a key role in the sale of the firm's renewable portfolio. Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and Financial Advisory Services at Ernst & Young, following an internship on the trading floor at D.E. Shaw & Co., a multi billion dollar hedge fund. Benoy holds an MBA in Finance from Rutgers University and a BS in Finance and Economics from NYU Stern, where he was an Alumni Scholar. Connect with Benoy on LinkedIn: https://www.linkedin.com/in/benoythanjan/ Learn more: https://reneuenergy.com If you have any questions or comments, you can email us at info@reneuenergy.com.
With rising energy prices making headlines, Amperon Co-Founder and CEO Sean Kelly stops by the show to discuss the strategies utilities, policymakers and traders are employing to tackle market volatility. Kelly highlights the significant demand growth in Texas and notes the impact of PJM's recent auction results. Kelly emphasizes the need for a diverse energy mix, including nuclear, solar, and natural gas, to meet future demand. Kelly also outlines the solutions traders are leveraging to manage their positions and highlights the importance of AI and machine learning in forecasting and managing energy demand.Sign up for Modern Money SmartBrief
Aging infrastructure, surging demand from electrification and data centers, and rising customer expectations are reshaping the way utilities operate. For PSE&G, New Jersey's largest electric and gas utility, the challenge is clear: how do you modernize the grid for a stormier, more digital future while keeping affordability and safety front and center? In this episode of Power Perspectives, PSE&G President and COO Kim Hanemann joins podcast host Jason Price and producer Matt Chester to share how her decades of experience—from restoring power after Superstorm Sandy to spearheading grid modernization—are guiding the company's path forward. The conversation touches on everything from the generation deficit in the PJM region to rethinking what resilience means in the wake of extreme weather events to the debate over whether utilities should be owning generation again. If you want an inside look at how one of America's most influential utilities is tackling today's energy transition challenges while preparing for tomorrow, you won't want to miss this discussion. Key Links Sign up for the Energy Central Daily Newsletter: energycentral.beehiiv.com/subscribe Energy Central Post for this episode: https://www.energycentral.com/podcasts/post/from-superstorm-sandy-to-data-center-growth-how-this-utility-president-7ePusUF5zADLKgB Video version on YouTube: https://youtu.be/p2Qg9bZwH98 Ask a Question to Our Future Guests: Do you have a burning question for the utility executives and energy industry thought leaders that we feature each week on Power Perspectives? Leave us a message here for your chance to be featured in an upcoming episode: www.speakpipe.com/EnergyCentralPodcast
Oral Arguments for the Court of Appeals for the D.C. Circuit
Independent Market Monitor for PJM v. FERC
The electric grid faces its biggest transformation in decades. Data center demand is set to triple in five years, capacity prices in PJM just hit $329 per megawatt-day, and grid operators are scrambling to prevent blackouts as massive AI facilities pull offline during disturbances.Today on the Clean Power Hour, grid expert Peter Kelly-Detwiler reveals how microgrids and artificial intelligence are creating a "fractal grid" that could solve our mounting reliability crisis. Peter explains the critical difference between traditional microgrids and the emerging "macrogrids" - 500+ megawatt data center installations that function like inverse power plants.Key Topics Discussed:Why NERC is concerned about data centers causing grid failuresThe Dominion Virginia incident, where 1,500MW of data center load was instantly disconnectedHow PJM capacity prices jumped from $30 to $329 per megawatt-dayAI-driven grid controls and their role in managing thousands of distributed resourcesVirtual power plants dispatching 535MW from 100,000+ home batteries in CaliforniaThe economics of microgrids in high-cost regions like PJM and CaliforniaBrooklyn/Queens Demand Management Project: $150M solution vs $1.2B infrastructure upgradeState incentive programs driving storage deploymentThe "bring your own capacity" trend accelerating data center interconnectionsPeter Kelly-Detwiler, author of "Energy Switch" and principal at Northbridge Energy Partners, provides insider analysis on where developers should focus their efforts and how utilities can leverage microgrids to avoid costly infrastructure upgrades.Whether you're an energy professional, developer, or simply curious about the future of electricity, this episode reveals why microgrids are no longer optional, they're essential infrastructure for our digital economy.Connect with Peter Kelly-Detwiler Website: https://www.peterkellydetwiler.com/ LinkedIn: https://www.linkedin.com/in/peterkellydetwiler Support the showConnect with Tim Clean Power Hour Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email tim@cleanpowerhour.com Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: CleanPowerHour@gmail.com Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America's number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com
Queens District Attorney Melinda Katz says six weed shops were padlocked following undercover buys and coordinated raids over the past month. Meanwhile, New Jersey has 33 large-scale solar energy projects ready to break ground, but PJM says the projects won't be greenlit until at least late-2026. Finally, Hurricane Erin will likely bring dangerous conditions to our shores. The storm remains hundreds of miles away from New York City, with no forecast indicating it will make landfall.
Join the conversation with C4 & Bryan Nehman. PJM rolling brown outs. Trump DC presser. Crime round up. Megan Limarzi, Montgomery County Executive discussed an investigation into background checks at Montgomery County Public Schools. Listen to C4 & Bryan Nehman live weekdays from 5:30 to 10am on WBAL News Radio 1090, FM 101.5 & the WBAL Radio App.
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Because of NJ policies energy costs are skyrocketing, they have tripled and people are finding it hard to make ends meet. The [CB] economics are trapped in their own narrative, if doesn't align with the [CB] it's doom and gloom. First calls to abolish the IRS, now Reuters reports Fed structure in flux, the writing is on the wall. The [DS] is panicking, they know that Trump and team are not hunting them down. The [DS] hacked the Fed Court system to find out information of who was indicted. The [DS] will fight back as more information comes out against them. Trump has invoked rule 740 to shutdown the criminal enterprise in DC. Plus this will win the people over. He is now setting the stage to protect DC against the riots either during or after the midterms. The [DS] is losing power every step of the way. Economy https://twitter.com/dogeai_gov/status/1954573730727772495 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Supply Constraints and Grid Issues Several power plants (including coal and nuclear) have retired in recent years due to decarbonization policies, reducing in-state generation capacity. New Jersey now imports more power, making it reliant on PJM's market, where prices are volatile. Delays in PJM's interconnection queue have stalled 143 gigawatts of new projects (mostly renewables like solar and wind), creating a bottleneck. Reliance on natural gas, which can be expensive and unreliable during extreme weather, has also driven up costs. Offshore wind projects, part of the state's clean energy push, have faced setbacks and higher costs, contributing to the supply-demand mismatch. Political and Policy Context Governor Phil Murphy's administration has pursued aggressive clean energy goals (e.g., 100% clean energy by 2035, EV mandates), which supporters say are necessary for long-term sustainability but critics blame for closing plants and inflating costs without adequate backups. In response, the state offered relief like $100-200 credits per household and deferred some costs. https://twitter.com/KobeissiLetter/status/1954841769272541503 Fed structure may be in flux, not just rates For one, Miran, who has written about re-ordering the Fed voting system and appointment process and binding the central bank more closely to government thinking, still has to be confirmed by the Senate. While that process may be expedited, because he was already confirmed as a White House official, he would ostensibly only hold the post until Kugler's term formally ends in January. He would also only get one vote under the current system, and Trump has yet to name his pick to replace Chair Jerome Powell next May. But most Fed watchers think Miran is likely to be confirmed for the full board term eventually, even if he's not considered a candidate for the top job. For some critics, Trump's dramatic embrace of digital assets, crypto tokens and stablecoins is already an indication of a very real direction of travel that could transform the monetary world and banking system. Source: reuters.com
More than 100 of the world's largest energy companies are betting that artificial intelligence (AI) will revolutionize how electricity gets made, moved, and managed. But they're not waiting for Silicon Valley to build it for them—they've taken matters into their own hands through an EPRI-led consortium. That initiative is the Open Power AI Consortium, which EPRI launched in March 2025 to drive the development and deployment of an open AI model tailored for the power sector. According to its mission statement, the Open Power AI Consortium “aims to evolve the electric sector by leveraging advanced AI technologies to innovate the way electricity is made, moved, and used by customers. By fostering collaboration among industry leaders, researchers, and technology providers, the consortium will drive the development and deployment of cutting-edge AI solutions tailored to enhance operational efficiencies, increase resiliency and reliability, deploy emerging and sustainable technologies, and reduce costs while improving the customer experience.” “We're really looking at building an ecosystem to accelerate the development and deployment, and recognizing that, while AI is advancing rapidly, the energy industry has its own unique needs, especially around reliability, safety, regulatory compliance, and so forth. So, the consortium provides a collaborative platform to develop and maintain domain-specific AI models—think a ChatGPT tailored to the energy industry—as well as sharing best practices, testing innovative solutions in a secure environment, and long term, we believe this will help modernize the grid, improve customer experiences, and support global safe, affordable, and reliable energy for everyone,” Jeremy Renshaw, executive director for AI and Quantum with EPRI, said as a guest on The POWER Podcast. Among the consortium's members are some of the largest energy companies in the world, including Constellation, Con Edison, Duke Energy, EDF, Korea Electric Power Corp. (KEPCO), New York Power Authority (NYPA), Pacific Gas and Electric Co. (PG&E), Saudi Electricity Co., Southern Company, Southern California Edison, Taiwan Power Co., and Tennessee Valley Authority (TVA). It also includes entities like Amazon Web Servies (AWS), Burns and McDonnell, GE Vernova, Google, Gulf Cooperation Council (GCC) Interconnection Authority, Korea Hydro and Nuclear Power (KHNP), Khalifa University, Microsoft, Midcontinent Independent System Operator (MISO), PJM, Rolls-Royce SMR, and Westinghouse Electric Co. “For many years, the power industry has been somewhat siloed, and there were not many touch points or communication between global utilities, technology companies, universities, and so forth. So, this consortium aims to facilitate making new connections between these important and impactful organizations to increase collaboration and information sharing that will benefit everyone,” Renshaw explained. EPRI, together with Articul8 and NVIDIA, has already developed the first set of domain-specific generative AI models for electric and power systems aimed at advancing the energy transformation. Although the technology has not been released publicly, it will be made available soon as an NVIDIA NIM microservice for early access. This development sets the foundation for more to come.
The PJM capacity auction this month broke records with sky-high wholesale power prices — and that was by design. Under PJM's auction rules, tight supply raises prices, incentivizing the development of new generation and encouraging existing generation to stay online. The big driver of that tight supply? Data-center driven load growth. The independent system operator covers Virginia, one of the densest and fastest-growing regions for data center development. So will higher wholesale prices incentivize enough generation to meet load growth without provoking the public with higher bills? In this episode, Shayle talks to Steve Piper, research director of North American power and renewables at S&P Global. Steve and Shayle cover topics like: Why Steve says PJM and other stakeholders became concerned that low prices weren't incentivizing enough generation to stay on the market Why ISOs upping resource adequacy requirements across technologies, while raising targets for reserve margins The bottlenecks slowing down the development of new generation What's holding back demand response in the auction Resources: Latitude Media: Will Pennsylvania be the nation's AI-energy model? PJM: PJM Auction Procures 134,311 MW of Generation Resources; Supply Responds to Price Signal Utility Dive: PJM capacity prices set another record with 22% jump Credits: Hosted by Shayle Kann. Produced and edited by Daniel Woldorff. Original music and engineering by Sean Marquand. Stephen Lacey is executive editor. Catalyst is brought to you by Anza, a solar and energy storage development and procurement platform helping clients make optimal decisions, saving significant time, money, and reducing risk. Subscribers instantly access pricing, product, and supplier data. Learn more at go.anzarenewables.com/latitude. Catalyst is supported by EnergyHub. EnergyHub helps utilities build next-generation virtual power plants that unlock reliable flexibility at every level of the grid. See how EnergyHub helps unlock the power of flexibility at scale, and deliver more value through cross-DER dispatch with their leading Edge DERMS platform by visiting energyhub.com. Catalyst is brought to you by Antenna Group, the public relations and strategic marketing agency of choice for climate and energy leaders. If you're a startup, investor, or global corporation that's looking to tell your climate story, demonstrate your impact, or accelerate your growth, Antenna Group's team of industry insiders is ready to help. Learn more at antennagroup.com.
The Japan trade deal will benefit these companies. Plus, is General Motors (GM) a buy? … Get exposure to these power plays… Can Coca-Cola (KO) keep raising prices forever? … And "boring" names that belong in your portfolio. In this episode: Lock in the date for Curzio Research's first-ever conference! [0:34] The Japan trade deal will benefit these companies [8:26] These under-the-radar countries could soon be trade partners [15:21] Is it time to buy GM after its post-earnings fall? [19:18] What the PJM power auction says about energy demand [28:08] Get exposure to these power plays [33:18] Can Coca-Cola keep raising prices forever? [39:12] These boring names belong in your portfolio [45:39] RIP, Ozzy Ozborn [59:46] Did you like this episode? Get more Wall Street Unplugged FREE each week in your inbox. Sign up here: https://curzio.me/syn_wsu Find Wall Street Unplugged podcast… --Curzio Research App: https://curzio.me/syn_app --iTunes: https://curzio.me/syn_wsu_i --Stitcher: https://curzio.me/syn_wsu_s --Website: https://curzio.me/syn_wsu_cat Follow Frank… X: https://curzio.me/syn_twt Facebook: https://curzio.me/syn_fb LinkedIn: https://curzio.me/syn_li
Today we had the pleasure of hosting Isabelle Boemeke, author of the forthcoming book, “Rad Future: The Untold Story of Nuclear Electricity and How It Will Save the World.” The book will be published on August 12 and is available for preorder here. Isabelle is a passionate advocate for nuclear energy and is also the creator of Isodope, a social media persona she uses to engage and educate the public about the benefits of nuclear power. Isabelle was involved in pushing to save the Diablo Canyon nuclear facility and has visited nuclear sites around the world. We were thrilled to hear her fresh and insightful perspectives. In our conversation, we explore nuclear energy's rapid shift in public perception and the surge in investment and media attention from just three years ago to today. We discuss the role of advocacy in changing narratives, generational differences in attitudes toward nuclear, and the decline of the organized anti-nuclear movement. Isabelle shares her perspective on international attitudes toward nuclear, the origin of Isodope and her use of social media as an educational tool, the gender gap in nuclear support, and her personal background and journey to becoming curious about nuclear energy. We touch on the nuclear industry's reception to Isabelle, including the strong support she's received from women in the field. She shares her strategy for communicating complex nuclear topics to a broader audience, the key risks facing the nuclear renaissance, and the next major hurdles the industry must overcome, particularly challenges around financing and project management. We cover public awareness of SMRs compared to large-scale nuclear, community attitudes toward nuclear, and the strong local support Isabelle has seen near existing plants. Isabelle discusses her continued focus on nuclear for the next few years, where her interests may take her in the future, her 10-year outlook for energy and climate, and more. Mike Bradley kicked off the show by noting that broader U.S. equity markets continue to hit new all-time highs. A major driver of broader markets so far this year has been euphoria surrounding AI/Tech equities and the significant capital spending to support data centers. “Meme stock mania” seems to be rearing its head again and could be an early signal of a frothy equity market. On the energy equity front, he highlighted that both HAL and SLB have reported Q2 results and, for the most part, are guiding towards a weaker 2H25 market (especially NAM oil service pricing). Most oil service investors were hopeful Q2 would be the last quarter for downward 2025 revisions, which could be a reason why oil service stocks aren't reacting to negative downward 2025 EPS revisions. Electric Utilities are up ~13% this year and continue to be viewed as “growth” stocks. The PJM Capacity Auction posted results after the close, with pricing coming in at ~$330/mw versus last year's print of ~$270/mw. A handful of PJM exposed IPPs were up modestly after the close on the news. Mike wrapped by noting that SMR equities are up on average ~175% YTD and continue to be electricity darlings. He also flagged today's news out of Japan that Kansai Electric is reportedly exploring a plan to build the country's first nuclear plant since the Fukushima disaster in 2011. Brett Rampal peppered in his nuclear perspective and questions to the discussion. We are excited to continue following Isabelle's activities as a positive “influencer” for nuclear and hope you enjoy the conversation as much as we did. Our best to you all!
© 2020-2026 Ivy Podcast Discovery LLC
