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May 27, 2026

MJL Morning Briefing — Wed, May 27

MJL Morning Briefing
From Matt Leonard · Wednesday, May 27, 2026
TOP STORY
⚡House Energy Committee sets June 1 hearing on HB 2380 battery-storage procurement targets
House Energy chair Rep. Elizabeth Fiedler set a June 1 hearing on HB 2380, requiring Pa. electric utilities to set grid-stabilizing battery-storage procurement targets to cut peak demand; PJM-RTO real-time LMP is $201.07/MWh on a 113.6 GW peak forecast.
PA Environment Digest
Energy Industry
⚡U.S. drafts plan to transfer weapons-grade plutonium from dismantled warheads to companies for nuclear power plant fuel
The U.S. has drafted a plan to hand weapons-grade plutonium recovered from dismantled Cold War-era warheads to private companies that will repurpose it as nuclear power plant fuel, a federal supply-chain shift with direct relevance to PJM nuclear operators.
NYT Daily
AEP and other Ohio utilities could own nuclear power plants under state bill opposed by manufacturers
An Ohio bill would let American Electric Power and other regulated utilities own nuclear generation, with the Ohio Manufacturers' Association opposing it on the grounds that ratepayers — not utilities — would bear the financial risk of the path back into the generation business.
Utility Dive
Trump administration is paying companies to abandon offshore wind projects — these could be next
The Trump administration is using federal buyouts to convince companies to drop offshore wind development, with E&E News identifying which East Coast projects — including PJM-NJ waters — could fall next as federal opposition reshapes the offshore pipeline.
Utility Dive (E&E News)
PA & NJ Politics
Shapiro files motion to pause federal lawsuit tied to Montgomery County property dispute
Gov. Josh Shapiro's legal team filed a motion to pause a federal lawsuit over a property dispute at his Montgomery County residence, arguing unresolved state property issues should first play out in county court.
PoliticsPA / Local21News
Deluzio rail-safety reforms advance with bipartisan support to full House
Rail-safety legislation backed by U.S. Rep. Chris Deluzio (co-op: Central Electric) advanced to a full House vote with bipartisan support, building on the post-East Palestine push for stricter federal rail oversight.
PoliticsPA / WESA
Pa. lawmakers split on how to regulate the commonwealth's rapidly expanding data center build-out
Pennsylvania lawmakers remain divided on how to regulate the rapidly expanding data center build-out across the commonwealth, an emerging PJM load-growth story with implications for capacity siting, transmission planning, and ratepayer cost allocation.
PoliticsPA / Spotlight PA
National Politics
Trump-backed Ken Paxton routs Cornyn by 28 points in Texas GOP Senate runoff, sets up Talarico showdown
Texas AG Ken Paxton beat Sen. John Cornyn by 28 points in Tuesday's GOP runoff, ending Cornyn's 24-year Senate career and setting up a fall race against Democrat Rep. James Talarico, who raised $600K in the first two hours after results.
Punchbowl News AM
House Armed Services FY2027 NDAA draft authorizes $1.14T, slow-walks Trump-class battleship, rejects more DOD private-equity stakes
The House Armed Services FY2027 NDAA draft authorizes $1.14T in base defense spending but adds a technology-readiness hurdle to the Trump-class battleship contract, rejects further DOD private-equity stakes after the L3Harris move, and redirects $1.2B above DOD's plans toward Burke destroyers and Army helicopters.
Punchbowl News AM
Redistricting setbacks for GOP in South Carolina and Alabama; Florida map stands pending appeal
South Carolina's Senate, with 12 Republicans joining Democrats, rejected a Trump-backed map that would have eliminated Rep. Jim Clyburn's seat; a three-judge federal panel struck down Alabama's GOP map as intentional racial discrimination; a Florida judge let that state's new pro-GOP map stand pending appeal.
Politico Playbook / Punchbowl News
Pittsburgh Sports
Pirates rout Cubs 12-1 as Esmerlyn Valdez homers in five-run first; Chicago drops 10th straight
Pittsburgh hung 12 runs on Chicago Tuesday with Esmerlyn Valdez's two-run home run capping a five-run first and Graham Ashcraft picking up the win to improve to 4-2; the loss extended the Cubs' losing streak to 10 games.
ESPN
Penguins re-sign Evgeni Malkin to one-year extension worth up to $9M with bonuses
The Penguins signed Evgeni Malkin Tuesday to a one-year extension at $2.5M salary plus a $3M signing bonus and up to $3.5M in performance and playoff bonuses ($5.5M cap hit, full no-move clause); GM Kyle Dubas said Malkin will help return the team to Stanley Cup contention as Pittsburgh enters the summer with a league-high $42.5M in projected cap space.
NHL.com / Daily Faceoff
Market Snapshot
PJM West Hub (RT)$98.55/MWh +547.9%
PJM AEP-Dayton (RT)$130.50/MWh +350.4%
PJM Capacity 26/27$329.17/MW-day
Henry Hub$3.07/MMBtu +6.2%
WTI Crude$90.51/bbl -3.6%
As of May 27 8:09 a.m. EPT
Curated by Matt Leonard. Numbers from real endpoints only.
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