AEP said that it had received a subpoena from the SEC seeking documents related to how it might have benefited from the passage of Ohio H.B. 6 in 2019.

Capacity prices in most of PJM dropped by nearly two-thirds for 2022/23, with EMAAC and SWMAAC recording their lowest prices ever.

The early impacts of PJM's first capacity auction in three years began to emerge Thursday as Exelon reiterated plans to retire two of its nuclear plants.

Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting on Wednesday. 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. RTO...

PJM stakeholders last week endorsed a proposal and corresponding manual and Operating Agreement revisions to allow facilities to avoid being designated as critical infrastructure under NERC reliability standard CIP-014. With an acclamation vote at the Markets and Reliability Committee’s meeting Wednesday, the proposal passed with two objections and one abstention. A...

The Biden administration’s climate goals and a new investment tax credit (ITC) have U.S. offshore wind developers bullish about the future of the industry, with proposed projects attracting strong interest from lenders, speakers told the Reuters U.S. Offshore Wind 2021 conference Tuesday. In December, Congress approved a one-year extension of...

The future of the controversial Independence Energy Connection (IEC) transmission project in Pennsylvania and Maryland is in doubt after the Pennsylvania Public Utility Commission (PUC) rejected siting applications filed by Transource Energy. The PUC voted 4-0 during the commission’s public meeting on Thursday to reject a series of related applications and...

FERC on Thursday accepted PJM’s compliance filing on its rules for fast-start resources, allowing tariff changes to take effect by July on an issue that has been before the commission since 2017 (ER19-2722). The commission determined in a December order that PJM partially complied with its April 2019 ruling that...

FERC on Thursday rejected the financial transmission rights forfeiture rule PJM has been using for more than four  years, saying it was overly broad and could discourage legitimate hedging activity. The commission also dismissed FTR trader XO Energy’s complaint challenging the rule, saying its case is now moot (ER17-1433, EL20-41-001).

FERC threatened GreenHat Energy and its owners with $229 million in civil penalties Thursday over the company’s 890 million MWh default of its financial transmission rights portfolio in PJM in 2018. In a report released as part of a commission Order to Show Cause, FERC Office of Enforcement staff alleged...