Skip to main content
Paul Segal

Paul Segal

Aug 4, 2026

Darren Sweeney
Darren SweeneyCORRESPONDENT
8:09
But when you look at all these different potential market reforms, are there some that LS Power can support or are supportive of, and are there some that just don't seem like they're gonna really do much to help change the dynamic there?
8:25
Yeah.
8:26
I, I think first and foremost, when you take a step back, we focus a lot on the singular capacity clears.
8:33
But the capacity market is just one part of the equation.
8:38
The energy market is very consequential to generation in PJM, and that's where the real physics of supply and demand collide.
8:51
And what you're seeing in that market is clear tightening.
8:55
As demand grows, fewer resources, the supply and demand curve cross at a higher price.

7 MINS LATER

Darren Sweeney
Darren SweeneyCORRESPONDENT
16:32
I also asked Paul Segal about the push by some regulated utilities and state policymakers to make changes in the market that would allow rate-regulated generation or other efforts for utilities to serve data center demand.
28:04
What does that mean that you're deciding to do in terms of your capital allocation and your corporate strategy?
28:11
Well, it is this moment that, that makes it incredibly exciting for somebody who's been in and around this business for over twenty-five years.
28:18
I haven't seen an instance where so many different options require and, and really merit consideration.
28:27
Um, so yeah, we have been focused on understanding what's happening in demand response.
28:32
We've been focused on, are there things at some of our power plants that we could do to improve the availability of the asset when they're most needed.
28:43
So an example there might be, we have a, a peaking natural gas plant that often can't get gas in the most extreme winter scenarios.
28:54
If we can add fuel oil at those locations, we can triple its certification to deliver capacity.

14 MINS LATER

42:56
Is that gonna work, do you think?

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click “Accept All” to consent, or “Decline non-essential” to opt out of non-essential cookies. Read our Privacy Policy.