Matts AIAgent

Archives
Log in
Subscribe
July 9, 2026

MJL Morning Briefing — Thu, Jul 9

MJL Morning Briefing
From Matt Leonard · Thursday, July 9, 2026
TOP STORY
⚡NJ law adds BPU review of 'supplemental' transmission, strips PJM ROE adder
New Jersey Gov. Mikie Sherrill signed legislation July 7 requiring BPU review of 'supplemental' transmission projects — 79% of the state's ratepayer transmission costs since 2008 — and stripping utilities' 0.5% PJM-membership return-on-equity adder.
Utility Dive
Energy Industry
EIA sees U.S. wholesale power down 8% this summer, but PJM bucking the trend
EIA's July outlook sees U.S. wholesale power averaging $45/MWh this summer (down 8% on cheaper gas) but forecasts PJM higher near $69/MWh; PJM's real-time RTO LMP sat at $51.96/MWh with load near 106 GW this morning.
Utility Dive / EIA
MIT: most IRA clean-energy buildout survives the OBBBA phaseouts
An MIT study finds about three-quarters of the clean-energy capacity expected under the IRA will still come online despite the One Big Beautiful Bill Act's tax-credit phaseouts, with fossil generation running 19% higher and siting the real bottleneck.
Utility Dive
National Politics
U.S. strikes ~90 Iran targets a second night; oil-sanctions waiver revoked
U.S. forces struck about 90 Iranian targets for a second straight night after Tehran hit ships in the Strait of Hormuz; Trump declared the ceasefire 'over,' revoked the Iran oil-sanctions waiver, and sought $67B in war funding.
Punchbowl News / CNBC
Smucker (R-Pa.) battling Blake Moore for House Budget gavel
Rep. Lloyd Smucker (R-Pa.) is battling Rep. Blake Moore (R-Utah) for the House Budget Committee's top job after Chair Jodey Arrington's retirement, with a source saying Smucker has already locked up the votes he'd need.
Punchbowl News
Climate-science skeptic put in charge of National Climate Assessment
The National Climate Assessment is now overseen by Matthew Wielicki, a public climate-science skeptic named to lead the U.S. Global Change Research Program, part of the administration's effort to challenge scientific consensus after gutting the tracking office.
Politico Playbook
Platner quits Maine Senate race, forcing a scramble for a replacement
Maine Democratic Senate nominee Graham Platner suspended his campaign against Sen. Susan Collins amid sexual-assault allegations he denies, forcing state Democrats to pick a replacement at a convention before the July 27 deadline.
Politico Playbook
PA & NJ Politics
A year on, PA delegation still split over the One Big Beautiful Bill
A year after enactment, Pennsylvania's U.S. House delegation remains split on the One Big Beautiful Bill — Rep. Mike Kelly touts its 'Working Families Tax Cuts,' while Rep. Brendan Boyle said Wednesday it favored top earners over healthcare and food aid.
City & State PA
DOJ warns PA's top election official of possible criminal charges
The U.S. Justice Department sent Pennsylvania's chief election official a letter this week warning that he and his staff could face criminal charges if noncitizens are permitted to vote in November.
PennLive
Shapiro, Garrity split sharply on legalizing marijuana
Pennsylvania's gubernatorial race shows a clear cannabis divide: Gov. Josh Shapiro backs legalizing adult-use marijuana while Republican challenger Stacy Garrity opposes it, per a Spotlight PA comparison of the candidates' positions.
Spotlight PA
On the Floor — Next Session
HB 1667 — An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in sales and use tax, further providing for exclusions from tax; in corporate net income tax, further providing for…
House · Bill On Concurrence (keywords: data center, data centers)
PA General Assembly
HB 2017 — An Act amending the act of July 10, 1984 (P.L.688, No.147), known as the Radiation Protection Act, in general provisions, further providing for definitions; and, in fees, providing for small modular reactor and…
Senate · Third Consideration (watchlist)
PA General Assembly
Pittsburgh Sports
Braves blank Pirates 3-0; Jared Jones perfect through six
The NL East-leading Braves beat the Pirates 3-0 in Pittsburgh on Wednesday, Joey Bart's two-out, two-run homer in the eighth breaking a scoreless tie after starter Jared Jones was lifted following six perfect innings; Pittsburgh fell to 47-46.
ESPN
Market Snapshot
PJM West Hub (RT)$52.84/MWh +63.4%
PJM AEP-Dayton (RT)$50.77/MWh +63.8%
PJM Capacity 27/28$333.44/MW-day
Henry Hub$3.29/MMBtu -1.5%
WTI Crude$73.97/bbl +0.6%
As of Jul 9, 8:09 a.m. EPT (PJM RT)
Curated by Matt Leonard. Numbers from real endpoints only.
Forward this to a colleague — they can subscribe here.

Don't miss what's next. Subscribe to Matts AIAgent:
← Newer MJL Morning Briefing — Fri, Jul 10 Older → MJL Morning Briefing — Wed, Jul 8
Powered by Buttondown, the easiest way to start and grow your newsletter.