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August 4, 2026

MJL Morning Briefing — Tue, Aug 4

MJL Morning Briefing
From Matt Leonard · Tuesday, August 4, 2026
TOP STORY
⚡PJM files one-time backstop capacity auction at FERC to close 6.8 GW shortfall
PJM filed a one-time reliability backstop auction at FERC on July 31 (docket ER26-3380-000) to close a 6.8 GW capacity shortfall, lifting the price cap to $555/MW-day from $325, with bidding Sept. 30-Oct. 21 and Western Hub at $27.19/MWh Tuesday morning.
Utility Dive
Energy Industry
⚡D.C. Circuit upholds FERC Order 2023 interconnection reforms
A unanimous D.C. Circuit panel upheld FERC Order 2023 on July 31, rejecting dueling challenges to the study deadlines and penalties transmission providers including PJM must apply to interconnection requests.
E&E News via Utility Dive
PJM accepts 715 projects totaling 201.4 GW; Pennsylvania leads with 39.8 GW
PJM accepted 715 generation projects totaling 201.4 GW into study — led by storage (314), natural gas (147) and solar (117) — with Pennsylvania first among states at 39.8 GW, and separately opened its Expedited Interconnection Track to state-identified projects.
PA Environment Digest
National Politics
Stopgap funding bill clears first Senate hurdle with 89 votes
A short-term bill extending federal agency funding through Dec. 11 cleared its first Senate procedural vote Monday night with 89 votes, but Democrats are withholding the consent needed to finish it before the five-week recess.
Punchbowl News
Senate GOP budget resolution for reconciliation 3.0 still short of votes
Thune has no margin on a budget resolution covering Pentagon funding and farmer aid: Tillis is a no over the SAVE America Act, Cassidy a no over missing spending offsets, and McConnell remains absent.
Punchbowl News
Michigan and Missouri primaries test the Democratic left today
Michigan Democrats choose between Abdul El-Sayed and Rep. Haley Stevens for Senate after outside groups, mostly AIPAC's super PAC, spent more than $56 million for Stevens; Cori Bush is challenging Rep. Wesley Bell in Missouri's 1st.
Punchbowl News / Politico Playbook
Sanders warns Democrats off PROMISE Act and fast-tracked Social Security changes
In a Dear Colleague letter, Sen. Bernie Sanders urged Senate Democrats to reject the PROMISE Act and any procedural shortcut altering Social Security, naming benefit cuts, a higher retirement age, reduced COLAs and privatization.
Politico Playbook
PA & NJ Politics
House Majority Forward books $8.4M in ads, targets Kean in NJ-7
House Democrats' nonprofit arm reserved $8.4 million in TV and radio across 19 districts, including $682,500 in the New York City market hitting Rep. Tom Kean Jr. (R-N.J.) and Rep. Mike Lawler (R-N.Y.).
New Jersey Globe
Sherrill and NJ lawmakers demand answers after Delaney Hall detainee dies
Gov. Mikie Sherrill and New Jersey lawmakers are pressing federal officials for answers following the death of a detainee at the Delaney Hall immigration detention facility.
New Jersey Globe
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
SB 1345 — An Act amending the act of July 31, 1968 (P.L.805, No.247), known as the Pennsylvania Municipalities Planning Code, in zoning, providing for optional temporary moratorium on acceptance or consideration of new…
Senate · Third Consideration (keywords: data center, data centers)
PA General Assembly
Pittsburgh Sports
Pirates edge Brewers 4-3 behind Horwitz's three-run double
Spencer Horwitz's three-run double carried the Pirates past Milwaukee 4-3 on Monday, with Bubba Chandler allowing three runs (two earned) over 5 2/3 innings and Pittsburgh evening its record at 57-57.
ESPN
Steelers hold first padded practice; Porter and Ramsey work on the side
The Steelers held their first full-pads practice of camp Monday at Saint Vincent College in Latrobe, with Joey Porter Jr. and Jalen Ramsey working off to the side after opening camp on the PUP list.
Steelers Depot
Market Snapshot
PJM West Hub (RT)$27.19/MWh -31.9%
PJM AEP-Dayton (RT)$8.74/MWh -72.2%
PJM Capacity 28/29$325.00/MW-day
Henry Hub$2.63/MMBtu -8.4%
WTI Crude$77.64/bbl -3.4%
As of Aug 4, 8:08 a.m. EPT (PJM RT)
Curated by Matt Leonard. Numbers from real endpoints only.
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