Thematic “Understanding PJM: The Auction”

By Paul Sankey Published on July 19, 2025 at 7:50 PM

On Tuesday of this week (July 22nd 2025), the highly anticipated results of the capacity auction for the largest regulated publicly traded electricity market in the world, the PJM (Pennsylvania, New Jersey, Maryland) power system will be announced. PJM serves 65 million people with approximately 185 GW of installed capacity and a peak demand of around 153 GW, but more crucially, is the largest data center market in the world. “Think Pentagon” as we say …

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Red Alert: Spain, Grotesque Idiots, and Inertia

By Paul Sankey Published on June 29, 2025 at 4:53 PM

Today we do some work. I can see you sitting back on your yacht in Venice, cursing in Italian that Jeff Bezos has ruined your weekend. You call to the captain. Use your hands to be understood: “Questo fottuto Jeff Bezos e il suo stupido matrimonio. Ha 200 invitati e invita Sydney Sweeney? Non è fisicamente possibile che l’abbia incontrata più di due anni fa. Leviamo l’ancora, corriamo a Portofino. Non parlarmi nemmeno della sua …

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Sunday Certificate from Boston

By Paul Sankey Published on May 11, 2025 at 1:47 PM

Hello from Boston, “Hello”, he said, in a most British tone. The British are coming! Sure, the Tea Party, Independence Day. Don’t believe the hype, they are sequels. We need a Democrat Tea Party, in true Boston style, but the Democrats here are hopeless. My youngest son Harry’s full Boston graduation (Northeastern) is this evening, putting me free & clear from private education fees that are crippling. His college: $84k per year. We are leaving. …

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