The New England REC market is an important economic driver of renewable energy projects in the region. It is a market that can fluctuate significantly in price, because the ceiling price is $40/REC and the floor price is set by the voluntary market, which is currently trading at a meager $2-3/REC.
Read Full ReportEarlier this month the Ontario Energy Board’s (OEB) Market Surveillance Panel (MSP) released its first detailed report on prices in the renewed IESO-Administered Market (“renewed market”).
Read Full ReportOntario demand hit its highest level since 2007 – reaching 25,646 MW on July 14, HE 17. This summer’s peak demand was also 784 MWs higher than the peak demand in 2025.
Read Full ReportIn June, Ontario’s wholesale market experienced higher prices across all zones in real-time compared to day-ahead – with the exception of the Northwest zone.
Read Full ReportOn June 18, 2026, the IESO released its latest Reliability Outlook (“Q2 2026 Reliability Outlook Seasonal Update”) forecasting inadequate supply in April 2027 (two consecutive weeks) under “expected” weather conditions.
Read Full ReportAfter a winter hibernation in which Pennsylvania solar net metering developers hunkered down and awaited developments on a number of fronts, spring has yielded some market clarity in how net metering projects will likely be treated moving forward.
Read Full ReportThe Independent Electricity System Operator released the initial results from its Long-Term 2 capacity stream window 1 (LT2(c-1) – announcing that it had procured 640 MW of capacity from three 8-hour Battery Energy Storage Systems.
Read Full ReportOntario’s wholesale market saw higher prices across all zones in real-time compared to day-ahead, with the exception of the Northeast and Northwest zones that experienced some of the lowest prices since the launch of the renewed market.
Read Full ReportOn May 14, 2026, the Government of Canada launched a consultation on a new national electricity strategy, publishing Powering Canada Strong: A National Strategy for an Electrified Canadian Economy (Powering Canada Strong).
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