This Week's Featured Stories



Company News
Duke Energy Eyes Natural Gas Production
Duke Energy is moving away from coal, investing in natural gas-fired generation and committing to a multi-billion dollar natural gas pipeline investment.
FERC Approves Exelon-Pepco Merger

FERC yesterday approved Exelon’s proposed $6.8 billion acquisition of Pepco Holdings Inc., dismissing concerns from PJM stakeholders of increased market power, adverse effects on competition and increased rates.

FERC & Federal News
PJM: Regional Approach the Cheapest Way to Comply with EPA Carbon Rule
State-by-state compliance with the Environmental Protection Agency’s proposed carbon emission rule would be almost 30% more expensive than a regional approach, according to preliminary results of PJM analyses.
DOE IG Investigating FERC Enforcement
In response to requests from several senators from both parties, the Department of Energy’s Inspector General has begun an investigation into the Federal Energy Regulatory Commission’s Office of Enforcement.
NERC Optimistic on Winter Prep as FERC Seeks Assurances on Fuel
A repeat of last winter’s polar vortex should not imperil the nation's power system, the North American Electric Reliability Corp. said last week. Meanwhile, the Federal Energy Regulatory Commission ordered RTOs and ISOs to file reports within 90 days on their efforts to ensure generators have adequate fuel.
FERC Nixes Gov’t Veto Power from NERC Physical Security Standard
gave final approval to a North American Electric Reliability Corp. standard on physical security without a provision that would have given FERC and other government agencies the ability to overrule transmission owners’ definition of “critical” facilities.
In MISO
Spurned by Entergy, SPP Expands in Great Plains
SPP won federal approval Nov. 10 to add three new members in the Upper Great Plains, a seven-state expansion that restores the RTO’s scope after its loss of Entergy to MISO.
MISO to Look Closer at Low-Voltage Threats to System
MISO plans to unveil a plan next spring for monitoring and managing low-voltage facilities that can cause overloads on its transmission system.
FERC Scrutinizing Presque Isle Rate Increase for Upper Peninsula
The Federal Energy Regulatory Commission has ordered hearing and settlement procedures on MISO’s proposed cost allocation for the Presque Isle Power Plant, which would cause steep rate increases for residents in Michigan’s Upper Peninsula.
MISO Consumer Advocates Renew Fight over TO Equity Structure
MISO consumer advocates last week asked the Federal Energy Regulatory Commission to reconsider their request to cap the equity component of transmission owners’ capital structure at 50%.
In NYISO & ISO-NE
New England Generators: Exclude DR from Capacity Auction
The New England Power Generators Association asked the Federal Energy Regulatory Commission Nov. 14 to order ISO-NE to exclude such resources from the Forward Capacity Market.
Con Ed Opens New Front in PSEG Transmission Allocation Dispute
Consolidated Edison of New York filed a complaint on Nov. 10 with the Federal Energy Regulatory Commission stating its opposition to a cost allocation formula that PJM has devised for two transmission upgrades in northern New Jersey.
Back in PJM
PJM Traders Continue to Shun UTCs on Uplift Fears
Up-to-congestion trading volumes in PJM have dropped by about 85% since September, after the Federal Energy Regulatory Commission said it might make the transactions liable for uplift assessments.
Impatient FERC Orders Immediate PJM Action on Reactive Power Payments to Retired Plants
FERC last week ordered PJM stakeholders to develop rules to prevent fleet owners from receiving reactive power payments for retired generators.
PJM Independent Transmission Cos. Win Concession on Project Evaluation Fees
Transmission upgrades of $20 million or more and all “greenfield” transmission proposals will be charged a $30,000 fee under an Operating Agreement revision approved by the Members Committee Thursday.
PJM Monitor Seeks Changes on Interface Transactions
PJM should change its rules on pricing and scheduling of interface transactions to reflect changes in system conditions and eliminate the need to schedule physical transactions across seams, the RTO’s Independent Market Monitor says.
Task Force Proposed to Resolve Inconsistencies in PJM Governing Documents
PJM is planning an effort to identify discrepancies among its governing documents, an initiative prompted by a lawsuit that officials say could have harmed the RTO’s credit rating and increased its insurance costs.
Schneider, Foster, Rogers Win Backing for New Terms
The PJM Nominating Committee voted last week to renominate Board of Managers Chairman Howard Schneider and board members John McNeely “Neel” Foster and Sarah Rogers to new three-year terms.
PJM MRC/MC Briefs
A summary of measures approved by the PJM Markets and Reliability and Members Committees on Nov. 20, 2014.
PJM TEAC IDs 20 Market Efficiency Candidates
The PJM TEAC announced this morning that it had identified 20 candidates for “market efficiency” projects in the competitive window that opened Oct. 30.
Company Briefs
News briefs on companies in the PJM Interconnection this week, including DTE, NRG, NTE, FirstEnergy, Dominion, TVA and PPL.
Federal Briefs
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the NSA, the EPA and the NRC.
State Briefs
News briefs from the states within the PJM footprint. This week we include Illinois, Indiana, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia.
GOP Election Victories Unlikely to Thwart EPA Carbon Plan
Republicans last week threatened to use oversight hearings and appropriations bills to blunt the Obama administration’s proposed carbon emissions rule after taking control of Congress in last week's elections.