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By Amanda Durish Cook CARMEL, Ind. — Both MISO and PJM will attempt second drafts of their respective pseudo-tie requirements after receiving deficiency letters from FERC in response to their initial filings, officials said Tuesday. MISO Director of Forward Operations Planning Kevin Vannoy confirmed at a May 23 MISO-PJM Joint...

By Rory D. Sweeney and Rich Heidorn Jr. PJM’s first capacity auction requiring year-round availability saw prices drop by one-quarter in most of the RTO, with only the EMAAC and Duke Ohio-Kentucky regions recording increases. Base Residual Auction prices fell to $76.53/MW-day in most of the RTO, down from $100...

Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability Committee on Thursday. The Members Committee held its monthly meeting last week at PJM’s Annual Meeting. (See related coverage, PJM Annual Meeting Celebrates RTO’s First 90 Years.) Each item is listed...

By Rory D. Sweeney CHICAGO — Nearly a century since its formation, PJM assured its members at its Annual Meeting last week that the future is as bright as it’s ever been. “It’s been 90 years since three utilities — Philadelphia Electric, Pennsylvania Power and Light and Public Service Electric...

By Rory D. Sweeney CHICAGO — The times, they are a-changing — again. How will companies respond? Executives from a utility, an independent power producer, a large industrial customer, a municipal power company and a power retailer met in a panel discussion at PJM’s Annual Meeting last week to answer...

By Rory D. Sweeney CHICAGO — Consumer advocates urged PJM’s Board of Managers last week to do more to engage end-use customers. Mork | © RTO Insider “I think sometimes in wholesale energy market matters and maybe even before federal regulators, it seems like things get a little distant from...

By Rich Heidorn Jr. CHICAGO — The PJM Annual Meeting marked the swan song for longtime consumer advocate Dan Griffiths, executive director of the Consumer Advocates of the PJM States. Griffiths | © RTO Insider PJM officials and stakeholders feted Griffiths on Monday at the annual meeting between the PJM...

By Rory D. Sweeney While PJM and its Independent Market Monitor agree that its markets “work” and are competitive, they disagree on what might make them better. Those differences were highlighted last week when the Monitor released its first quarterly State of the Market report of the year, followed by...

By Rich Heidorn Jr. Maryland regulators on Thursday approved two offshore wind projects totaling 368 MW, setting in motion what the state called the nation’s “first large-scale” offshore wind deployment. The Public Service Commission awarded offshore renewable energy credits (ORECs) to US Wind and Deepwater Wind’s Skipjack Offshore Energy. PSC...

By Rory D. Sweeney Duke Energy is asking North Carolina officials to revisit state rules around renewables and provide the utility with greater control over what generation resources it must use, company executives said during a first-quarter earnings call Tuesday. The largest utility in the U.S. posted a first-quarter profit...