Wholesale power markets for the seven-day period ending June 12, 2026, were shaped more by early-summer readiness, interconnection reform, large-load integration, and mounting pressure on transmission buildout than by emergency conditions. ERCOT and PJM produced the week’s most consequential near-term developments: ERCOT continued to manage reliability risks associated with rapidly growing large-load interconnections, while PJM secured federal approval for an expedited interconnection track to bring qualified capacity resources online more quickly. CAISO’s activity focused on daily real-time market reporting, interconnection and deliverability process work, and the continued implementation of EDAM and the Western market.