Don’t Pull the Plug on California’s VPP Breakthrough
Post-OBBB, VPPs are Primed to Meet New Energy Challenges
Prescriptive Baselines: A Good Idea Whose Time Has Come
From the Blog
CPUC Creates New Rulemaking to Resolve DR Regulatory Issues
The CPUC’s September 18th business meeting agenda included an exciting new addition: an Order Instituting Rulemaking (OIR) to open a new proceeding specifically focused on outstanding regulatory issues hindering California’s use of demand response. The draft scope includes a number of important topics, including dual participation between different programs, valuation methodologies, CAISO market integration topics, and data transfer processes. Leap will be actively engaging to shape the scope and outcomes of this presentation, which is scheduled to run for two years.
PJM capacity auction clears at record capacity prices
PJM’s 2026/27 Base Residual Auction took place in July and cleared at $329/MW-Day, an all-time high for the broader RTO region, which dates back to 2007/08. This was at the maximum possible price after PJM implemented a “price collar” to limit both upside and downside for the next two capacity auctions due to concerns over ratepayer impacts of high capacity prices.
The surge in prices has been driven primarily by two factors: rapid load growth—forecasted to exceed 5 GW between 2025 and 2026—and a reduction in the capacity credits awarded to natural gas plants. Looking ahead, prices are expected to remain elevated through the late 2020s as demand continues to rise and the addition of new front-of-the-meter capacity faces significant delays.
Leap is ready to help your DERs tap into this hot market! Join our webinar coming up on Wednesday, 10/1 to learn about our PJM offerings and platform capabilities.
