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Recent Reports

IESO Secures Additional Short-Term Capacity

October 7, 2026
By 
Brendan Callery & Brady Yauch

On October 1, 2026, the IESO announced it secured additional short-term capacity through a bilateral agreement for 600 MW of imports from New York for the 2026/2027 winter period.

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The Virginia Shared Solar Program (SSP) Begins Taking Flight

October 5, 2026
By 
Andrew Kinross

The Virginia Shared Solar Program was first established in 2020 when the Virginia General Assembly enacted Virginia code 56-594.3 and 56-585.1:12. To date, the program has authorized 825 MW-ac and awarded projects totaling 389 MW-ac, 78% of which are in Dominion territory, and the remaining 22% in Appalachian Power territory.

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IESO’s September (Q3) 2026 Reliability Outlook

September 30, 2026
By 
Brendan Callery & Brady Yauch

Ontario’s supply/demand balance is continuing to tighten, according to the IESO’s most recent Reliability Outlook data, with the latest Q3 data continuing to show that the province’s grid will have inadequate supply in April 2027 for two consecutive weeks under expected weather conditions.

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Geopolitics, Harsh Winters, and Limited NECEC Impact Drive New England Basic Service Rates Dramatically Higher

September 14, 2026
By 
Andrew Kinross

2H 2026 Basic Service Rates rise 14% from year-ago levels; 1H 2027 rates expected to increase another 12% year over year

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MRP Monthly Review August 2026: Moderate Prices with End of Summer

September 9, 2026
By 
Brady Yauch & Brendan Callery & Nadiha Khan

Ontario’s wholesale market in August posted lower prices across all zones in the day-ahead market compared to real-time. Similar to previous months, the Northwest zone showed the lowest prices, while the Ottawa zone showed the highest prices.

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What is happening to Solar M&A Post-OBBBA?‍

September 8, 2026
By 
Andrew Kinross

For much of the past year, a large number of distributed generation (DG) platforms and portfolios were on the market, but relatively few transactions closed. That changed in July and August, when a wave of deals was completed, including several significant transactions.

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How Ontario and PJM Are Responding to Data Centre Growth

August 24, 2026
By 
Kausar Ashraf

On August 13, 2026, Ontario and PJM each released a proposals responding to rapid data centre growth. The timing was coincidental; the policy contrast is not. Both are trying to protect reliability and existing customers, but they are using different regulatory levers.

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Summary Of Ontario’s Economic And Strategic Assessment Framework For New Data Centres

August 24, 2026
By 
Kausar Ashraf

On August 13, 2026, the Ontario government released its proposed Economic and Strategic Assessment Framework for New Data Centres and its draft Data Centre Playbook (Playbook), for comment.

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New and Improved Churchill Falls PPA and Other Developments in Newfoundland and Labrador

August 20, 2026
By 
Brady Yauch

On Monday, Newfoundland and Labrador Hydro and Hydro Québec announced a new long-term deal for supply from the Churchill Falls hydro generating station and a path forward for a number of new developments along the Churchill River.

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New England Class 1 REC Update – The Market Extends Its Streak Near the ACP

August 17, 2026
By 
Andrew Kinross & Greg Peniuk

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.

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