Good evening y’all

Just coming off a INFO FLOW I’ll be quick on this. Just one nugget this time:

Folks are so concerned about what happened in the PJM Base Residual Auction for planning year 2025-2026 that you have Governor’s of states involved, lobbyists and literally everyone trying to find out the ‘HOW CAN THE PRICE FOR RELIABLE CAPACITY BE SO HIGH? I saw that a bitcoin miner got slapped by the grid operator for not properly following protocol design and not bidding in the electrical capacity they were required to bid in. I mean look, if you have programs that are in place for certain types of services that the services need to be bought because companies need them, then what is the correct price for those said services? If the market settled price is the highest its been in over a decade, people will raise questions. And that is exactly what we are seeing.

I'm almost certain that there are folks really trying to understand the demand growth and what is real and what is not. Meaning what is actual electricity demand verses fictional electricity demand. The funny thing as this DeepSeek thing gets released and then all of a sudden now folks are saying the artificial intelligence electricity demand is artificial in deed? Folks are certainly concerned that power companies are shooting a miss on demand growth and still overbuilding, like that’s never happened at a utility before.

The media has its weird way of showing all sides of the story, even if both talk out of both sides.

Anyway, hope y’all have a great weekend and dont forget to check out Energy Market INFO FLOW 01312025 for more meat on the bones.

Peace,

Bass

*ALL views and opinions are my own. All data/research comprised can simply be looked up by any search engine.