With strained supply chains, stubborn inflation, and the exploding demand from AI and data centers, the pressure on today’s power grid is unlike anything the industry has seen in decades. While solar, energy storage, and natural gas are all expanding rapidly, the question remains: are we building a system that can actually keep up?

In episode 12 of Accelerating Energy, former PJM Chief Risk Officer Carl Coscia joins Sidley partner Ken Irvin to unpack the high-stakes tradeoffs between reliability and affordability. From volatile capacity markets to the rising cost of capital, they explore what’s really driving today’s energy crunch — and whether the solutions on the table are setting us up for resilience or risk.

Executive Producer: John Metaxas, WallStreetNorth Communications, Inc.

Electricity demand across PJM is accelerating at a pace few anticipated, driven by AI, data centers, and advanced manufacturing. What was once a long-term planning challenge has become an immediate test of market design, grid reliability, and regulatory authority.

In response, the White House has stepped in, urging faster generation development and greater investment certainty. PJM is deploying new reliability tools. States are increasingly acting to protect consumers as capacity prices rise. Yet despite gigawatts of generation approved for interconnection, much of that supply is not arriving fast enough — or in the right form — to meet near-term needs.

The result is a high-stakes question facing policymakers, developers, and market participants alike: how do we move faster without breaking the system we rely on?

In episode 11 of Accelerating Energy, Sidley partner Ken Irvin sits down with Terence Healey of Sidley’s Energy practice and Todd Snitchler, President and CEO of EPSA, to unpack PJM’s evolving approach to large loads, the implications of FERC’s co-location order, the White House’s intervention, and the expanding role of states in an increasingly stressed power market.

Executive Producer: John Metaxas, WallStreetNorth Communications, Inc.

As data centers continue to put stress on the nation’s electricity grid, federal regulators are moving quickly to stave off overwhelming it. The Federal Energy Regulatory Commission (FERC) is now considering major reforms for large-load interconnections and has launched an advanced notice of proposed rulemaking. Final comments were due on December 5, and final action is expected by April 30, 2026. But conflict is threatening the process, as developers, utilities, state commissions, and other major players remain sharply divided over jurisdiction, cost allocation, reliability, and the pace of interconnection.

What themes are emerging from the comments on FERC’s large-load interconnection rulemaking? How should FERC set guidelines that respect state jurisdiction while still ensuring consistency and transparency? And how is the large-load interconnection landscape likely to evolve in the near term?

In the tenth episode of Accelerating Energy, host and Sidley partner Ken Irvin is joined by Jessica Hogle, head of government relations and regulatory affairs at GridCARE, a startup accelerating speed-to-power for AI data centers by unlocking spare capacity on the existing grid. Together, they dig into the key takeaways from the comment record, the federal-state jurisdictional tensions, the risks of stranded costs, and how affordability and technology trends may inform FERC’s next steps.

Executive Producer: John Metaxas, WallStreetNorth Communications, Inc.