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Joseph Bowring

person · market monitorCredibility: 82%

Why this score? President of Monitoring Analytics, the FERC-designated independent market monitor for PJM. His statutory role is to check the grid operator whose proposals he comments on, and his figures rest on auction data he has direct access to; discounted only because the calculations he cites are frequently published without method, and the monitor is an institutional adversary of PJM in an ongoing dispute over market design.

Tracked Statements (2)

PJM's proposed Large Load Registry does not require data centres themselves to provide supporting evidence for the load information filed about them, and sets no validation schedule; the tariff should require ongoing validation, supporting evidence, and updates at least monthly or whenever a load's status changes.?

— Joseph Bowring · Aug 17, 2026
Context: Unverified. The claim describes PJM's proposed Schedule 11, filed at FERC on 13 August in docket ER26-3515; that text has not been read directly. Public accounts list the fields a registry submission must contain but describe updates only as "periodic", which is consistent with the claim.

Data-centre load left in PJM's capacity auctions has increased capacity costs by $29.4 billion over the last four auctions, and that number will accelerate in future auctions if PJM succeeds in increasing the maximum price in the auctions.?

— Joseph Bowring · Jul 28, 2026
Context: Unverified. The $29.4bn is now published with its method — $29,368,774,465 across four auctions, in the monitor's Q2 2026 State of the Market Report — but it remains the monitor's own calculation, uncorroborated. The forward half, acceleration under a higher price cap, awaits the December 2026 backstop auction.