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By Ted Caddell Ohio regulators Wednesday rejected FirstEnergy’s request for an annual $558 million rider for eight years, voting instead to give the company $204 million annually for only three years. FirstEnergy, whose request would have totaled $4.46 billion, will receive $612 million (nominal dollars) under the unanimous decision by the...
VALLEY FORGE, Pa. — After months of debate on proposed definitions for operating parameters, PJM and the Independent Market Monitor rankled some Market Implementation Committee members last week by introducing an unexpected, last-minute compromise package that included one key change but largely maintained the status quo. The proposal leaves many...
By Ted Caddell FERC has been ordered to pay attorney’s fees for stonewalling an energy trading company’s request for documents under the Freedom of Information Act. Bates | District Court of DC While the award — $60,168 — was not huge, the fact that a U.S. District Court judge ruled...
By Rory D. Sweeney VALLEY FORGE, Pa. — PJM has found a way to provide generators with the performance assessment hour alerts that owners requested, but it’s not going to be easy. The problem is how to get the PAH alerts from PJM’s emergency procedures channel to the Inter-Control Center...
By Rory D. Sweeney VALLEY FORGE, Pa. — PJM is considering a significant increase in the performance participation threshold for participants in its regulation market. The current minimum participation threshold of 40% may be increased to 75%, RTO officials told the Operating Committee meeting last week. Each unit is evaluated...
PJM last week laid out a timeline for compliance with the geomagnetic disturbance reliability standard approved by FERC in September. (See FERC Approves GMD Reliability Standard.) The RTO told the Planning Committee it will be required to perform a network vulnerability analysis, and owners of 200-kV and larger transformers must...
PJM, NYISO Release Joint Whitepaper on ‘Wheel’ Replacement
Oct 10, 2016
PJM and NYISO released last week their joint whitepaper on replacing the Con Ed-PSEG “wheel,” which will end May 1. The paper outlines the grid operators’ joint proposal, which would create scheduled, fixed flows over the interconnections based on a predetermined protocol. (See Analysis Recommends Continuing Reduced Con Ed-PSEG ‘Wheel’...
By Amanda Durish Cook MISO and PJM have nearly completed their work on joint operating agreement and tariff language to create the new targeted market efficiency project (TMEP) type, and the RTOs have singled out seven congestion-relieving candidate projects. Four of the possible TMEPs are located at flowgates in Indiana,...
The Members Committee approved by acclamation a rate-increase proposal that struck a balance between allowing for cost increases and providing long-term certainty. Members endorsed the Finance Committee’s unanimous recommendation for a composite rate of $0.36/MWh for two years and then a 2.5% annual increase that will result in a rate...