Electric Utilities & Power: Sparking Credit: 1Q26 HY Model Book, Weekly Briefing: OR Supreme Court to Review PacifiCorp Trial

Research evidence excerpt

Electric Utilities & Power: Sparking Credit: 1Q26 HY Model Book, Weekly Briefing: OR Supreme Court to Review PacifiCorp Trial

roject in fast-track interconnection review. PJM

opposed granting Advanced Power Services a waiver for the Chestnut Run project in

Carroll County, Ohio, after the developer sought to reduce project output and capacity

interconnection rights while remaining in the Reliability Resource Initiative review.

PJM argued the waiver would be unfair to other developers and disrupt the

interconnection process. Source: Utility Dive / Yahoo republication, June 29, 2026

ICF sees 445 GW of additions by 2030, but much lower peak contribution. ICF

expects roughly 445 GW of U.S. nameplate capacity additions from 2026 through 2030,

but only about 191 GW of contribution to meeting peak load. ICF also expects U.S.

electricity demand to grow 21% by 2030 and 39% by 2035 from 2026 levels, while PJM

and ERCOT have no spare capacity to support demand growth beyond next

year. Source: Utility Dive / Yahoo republication, June 26, 2026

DOE emergency orders remain a reliability tool, but costs remain under

scrutiny. Utility Dive reported that some generating units under DOE emergency orders

have operated during tight grid conditions and may have contributed to reliability, while

also citing Sierra Club’s estimate that keeping them running costs about $550 million

per year. Source: Utility Dive policy / generation feed, June 25, 2026

NERC flags shrinking deployable reserves as coal and gas forced outage rates

rise. NERC said coal and gas generation saw unavailable energy increase by 39.8 TWh

and 19.1 TWh, respectively, in 2025, according to Utility Dive coverage. The issue is

not just installed capacity, but how much capacity is practically available during stress

conditions.