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By Amanda Durish Cook American Electric Power has nearly completed the bidding process to sell more than 5,000 MW of merchant generation in Ohio and Indiana. AEP spokesperson Tammy Ridout said the company would make a decision before the end of the year about the future of the plants: the...
By William Opalka and Rory Sweeney The Regional Greenhouse Gas Initiative reported another lackluster carbon allowance auction last week, bolstering calls by Massachusetts and others for more aggressive cuts in the compact’s emission caps. But as the program conducts its triennial review of how it should operate in 2020 and...
By Rory D. Sweeney In a move that elated New Jersey’s ratepayer advocates, FirstEnergy announced Thursday it is withdrawing its request for state public utility designation for its all-transmission spin-off. FE said it made the decision because it was unlikely to win approval in time to meet the its Jan.
By Rory D. Sweeney The Clean Power Plan poses no threat to PJM’s reliability, but compliance costs are highly sensitive to gas prices and whether states go it alone or combine efforts with a regional approach, according to a study released by the RTO last week. If gas prices remain...
By Rich Heidorn Jr. PJM’s Independent Market Monitor last week gave his blessing to the RTO’s Base Residual Auction for delivery year 2019/20 but called for additional rule changes to build on the tougher standards of Capacity Performance. The Monitor’s report on the May auction concluded that the results “were...
By Rory D. Sweeney and Rich Heidorn Jr. WILMINGTON, Del. — A stakeholder group calling for a comprehensive review of PJM’s capacity market won support from consumer advocates and state regulators last week, but industrial consumers and generators were cool to the idea. The one point no one disputed at...
PJM not Ready for Vote on Plan to Sell Excess Capacity
Aug 29, 2016
WILMINGTON, Del. — PJM officials have gained support for a new method of releasing excess capacity, but told the Markets and Reliability Committee on Thursday they were not sure the plan is ripe for a stakeholder vote. The RTO procured 10,017 MW of new capacity commitments in the Capacity Performance...
By Rich Heidorn Jr. FERC ruled last week that PJM transmission owners’ procedures regarding supplemental projects are not in compliance with Order 890, directing the TOs to file revisions within 60 days (EL16-71). “As implemented, the transmission planning process governed by the PJM Operating Agreement is not providing stakeholders with...
By Rory D. Sweeney Acknowledging stakeholders’ criticism, PJM removed capacity-deficiency and administrative penalties it had proposed for its fuel-cost policy rules and instead offered a single formula-based one. The proposal was made in the compliance filing PJM submitted to FERC on Aug. 16 (ER16-372-002). The filing was supposed to focus...
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability Committee on Thursday. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage in RTO Insider. The Members Committee...