{"podcast":{"title":"Energy Evolution","slug":"energy-evolution-835633","podcast_index_feed_id":835633,"rss_url":"https://batterymetals.libsyn.com/rss","website_url":"https://www.spglobal.com/commodity-insights","image_url":"https://static.libsyn.com/p/assets/8/5/f/d/85fd2d008a71c0bc16c3140a3186d450/EE_Updated.png","author":"S&P Global Energy","episode_count":365,"summary":"Interviews, analysis and reporting from S&P Global Energy on energy and commodities' transition to a cleaner future. Host Eklavya Gupte speaks with policymakers, industry professionals and S&P Global Energy in-house experts worldwide on topics related to decarbonization, climate, emerging fuels and energy sources, and the outlook for commodity markets from oil to power to metals. The Energy Evolution podcast merged with the Platts Future Energy podcast in January 2025.","last_synced_at":"2026-09-08T16:21:11.367456+00:00","page_url":"https://stenobird.com/podcast/energy-evolution-835633"},"episode":{"title":"Grid operator PJM juggles reforms as power auction results hit price cap again","slug":"grid-operator-pjm-juggles-reforms-as-power-auction-results-hit-price-cap-again","published_at":"2026-08-04T09:00:00+00:00","page_url":"https://stenobird.com/podcast/energy-evolution-835633/grid-operator-pjm-juggles-reforms-as-power-auction-results-hit-price-cap-again","show_page_url":"https://stenobird.com/podcast/energy-evolution-835633","url":"https://batterymetals.libsyn.com/grid-operator-pjm-juggles-reforms-as-power-auction-results-hit-price-cap-again","audio_url":"https://traffic.libsyn.com/secure/batterymetals/Energy-5771552_-_Energy_Evolution_PJM_Auction_-_v2.mp3?dest-id=1681160","summary":"On July 14, grid operator PJM released the results of its latest capacity market auction for the 2028-2029 delivery year. Prices hit the federally approved cap of $325/megawatt-day, but the amount of procured capacity came up short of PJM's reliability requirement by 6.8 gigawatts. In other words, prices went as high as they were allowed to go but still didn't incentivize enough generation to meet the reliability requirement PJM wanted. Although PJM has other options to secure that capacity, the results of this latest auction underscore mounting concerns about rising prices and reliability in the region managed by the grid operator, which provides electricity for 67 million people across 13 states. And power demand from data centers is contributing to these issues. Joining Dan Testa on this episode to talk through some of these issues is Darren Sweeney , a senior reporter at S&amp;P Global Energy. Sweeney interviews Paul Segal , CEO of LS Power, a private independent power producer with a major presence in PJM, and Tanya Peevey , an S&amp;P Global Energy CERA analyst for North American power and renewables.","meta_description":"On July 14, grid operator PJM released the results of its latest capacity market auction for the 2028-2029 delivery year. Prices hit the federally approve…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1985,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/energy-evolution-835633/episodes/grid-operator-pjm-juggles-reforms-as-power-auction-results-hit-price-cap-again/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/energy-evolution-835633/grid-operator-pjm-juggles-reforms-as-power-auction-results-hit-price-cap-again.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}