ENERGY POLICY PERSPECTIVES: VOL. 21 Yesterday, PJM’s Board outlined its new framework under the Critical Issue Fast Path (CIFP) accelerated stakeholder process to address resource adequacy and large-load growth issues, which it expects to formally submit to the Federal Regulatory Commission (FERC) by the end of July. We believe the framework can be reduced to four functions: 1) measure large load additions; 2) contract new supply; 3) curtail unsupported load when necessary; a

Energy Policy Perspectives: Vol. 20 After last week’s 2028/2029 Base Residual Auction (BRA) results, PJM has failed to hit its reliability targets for three consecutive delivery years. This has drawn the ire of customers, utilities, businesses and the Trump Administration with the Federal Energy Regulatory Commission (FERC) expected to hold a conference tomorrow (July 23rd) to evaluate the best path forward for PJM. While some are calling PJM “broken” or “too big to function”

Energy Policy Perspectives: Vol. 19 Yesterday, the U.S. Department of Energy’s Office of Energy Dominance Financing (DOE EDF; formerly the Loans Programs Office) issued a conditional loan commitment to finance $17.5 billion worth of American Nuclear Supply Chain Loans aimed to support the procurement of long-lead nuclear components for up to five eligible projects/ten large-scale nuclear reactors. We view this as a constructive announcement, as it targets a true binding const

Transaction led by Siebert Williams Shank funds enhanced infrastructure improvements for public safety, streets, parks, & library CORPUS CHRISTI, TX, June 18, 2026 – The City of Corpus Christi has secured $115 million in funding to support a range of community improvements, including upgrades to public safety services, streets, parks and recreation facilities, and library improvements through the issuance of the General Improvement Bonds, Series 2026 transaction that price