Years of long system conditions, low capacity prices, and tightening environmental regulations have placed mounting economic pressure on PJM's thermal assets. Now, PJM is faced with the prospect of widespread thermal retirements amid delayed resource additions and the challenge of meeting significant demand growth from AI-driven data centers and electrification. This webinar will discuss Ascend's view on the dynamics of the PJM power market and the economic outlook for power generators and clean energy development as these driving forces reverberate across REC, capacity, and energy prices.

2023 proved to be an anomalous year for electricity prices in CAISO, driven by an unlikely combination of mild summer weather, abundant hydro generation, low gas prices, and an absence of heat waves. A storm is coming, however. Aggressive decarbonization policy mandates, record demand for renewable energy, and rapidly increasing load growth signify a robust need for new capacity resources and will present serious challenges for system reliability.

In this webinar previewing the Ascend CAISO 5.1 Market Report, Dr. Gary Dorris, CEO at Ascend Analytics, joined Dr. Brent Nelson, Managing Director of Markets and Strategy, to discuss the underlying structural power market challenges that lie ahead in CAISO.  

Despite aggressive clean energy mandates in New York and the New England states, cost concerns have begun to test policy commitments. Rising peak demand, increasing capacity prices, and a scarcity of capacity resources further complicates the renewable energy development outlook in New York ISO (NYISO) and New England ISO (ISO-NE).

In a recent webinar, Dr. Gary Dorris, CEO of Ascend Analytics, and Dr. Brent Nelson, Managing Director of Markets and Strategy, discuss key developments, updates, and complications in northeastern energy markets, as well as Ascend's latest market forecasts for NYISO and ISO-NE.

In this webinar, we discuss our outlook on the SPP power market, identifying key dynamics and opportunities for renewables and storage.

As solar buildout grows in ERCOT, critical grid conditions are increasingly becoming associated with sunset net load ramps. Whether wind generation falters or rises with the setting sun determines the magnitude of the daily ramp and is the key driver for ERCOT price dynamics. As a result, wind can either cause ‘superduck’ ramps or squash price volatility. In this webinar, we will provide an overview of Ascend’s latest ERCOT forecast and the outlook for market forwards, scarcity, surpluses, and clean energy economics.

In this webinar, we will discuss Ascend's latest market outlooks for PJM and MISO as elevated gas prices, passage of the Inflation Reduction Act, and continued clean energy demand from policy and ESG goals have strengthened the outlook for clean energy and clean capacity resources.