By Rich Heidorn Jr. WASHINGTON — Four Ph.Ds. joined in a tag-team debate last week on the virtues of scarcity pricing versus capacity markets in a panel discussion-cum-economics seminar at the Energy Bar Association’s Annual Meeting. Hogan © RTO Insider It’s unlikely any of the combatants, who have often sparred...

After allegations of management interference led PJM to replace its internal market monitoring unit with an independent monitor in 2008, FERC had an opportunity to prohibit other RTOs from using the internal structure. Because it chose not to do so, the temptation for RTO officials to muzzle their MMUs remains.

After allegations of management interference led PJM to replace its internal market monitoring unit with an independent monitor in 2008, FERC had an opportunity to prohibit other RTOs from using the internal structure. Because it chose not to do so, the temptation for RTO officials to muzzle their MMUs remains.

After allegations of management interference led PJM to replace its internal market monitoring unit with an independent monitor in 2008, FERC had an opportunity to prohibit other RTOs from using the internal structure. Because it chose not to do so, the temptation for RTO officials to muzzle their MMUs still...

By Suzanne Herel Kormos © RTO Insider Mike Kormos, executive vice president and chief operations officer for PJM, is leaving the RTO on April 15 after 27 years. Kormos had sought last year to replace retiring CEO Terry Boston, but the post went to Andy Ott, who had long been...

By Michael Brooks WASHINGTON — PJM needs to return to “the fundamentals” with market design not “influenced by political whims,” Independent Market Monitor Joe Bowring said last week. Policymakers should not fear market prices going too high or low, Bowring said in a press conference announcing the Monitor’s annual State...

By Ted Caddell A Pennsylvania-based power trading company accused by FERC of making riskless up-to-congestion transactions to collect line loss payments denied any wrongdoing Friday and requested the matter be dismissed. Coaltrain Energy said that it didn’t manipulate the market, that its trading strategy wasn’t deceptive and that it didn’t...

By Suzanne Herel WASHINGTON — All of the speakers at a FERC technical conference on Thursday agreed that PJM’s allocation method for financial transmission rights and auction revenue rights could be improved. They just couldn’t agree on what changes would make it better. The commission called the information-gathering session after...

By Rich Heidorn Jr. WASHINGTON — Electric industry officials told FERC last week that its proposal for identifying connections between companies and individuals engaged in trading in RTO markets is too broadly written and will create significant reporting burdens. The commission’s Notice of Proposed Rulemaking (RM15-23) would require RTOs and...

WILMINGTON, Del. — A Tariff change endorsed by stakeholders last week will allow PJM to release Base Capacity resources to reflect the Capacity Performance resources it acquired in the transition auction for the 2016/17 delivery year. PJM procured more than 4,200 MW of new capacity in that auction in August.