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By David Jwanier, Ted Caddell and Rich Heidorn Jr. WASHINGTON — PJM may propose changing capacity market rules to provide premiums for nuclear plants and others with firm winter fuel supplies, Executive Vice President for Operations Mike Kormos said Tuesday. Mike Kormos, PJM Kormos floated the proposal at a Federal...

PJM officials have identified several changes they’d like to make before next winter, including winter start testing for generators and better controls on generation imports (see related story, PJM May Offer Firm Fuel Premium.) Executive Vice President for Operations Mike Kormos said Tuesday that the RTO also needs to improve...

By Ted Caddell Stakeholders representing load said Thursday they may oppose efforts to change PJM’s $1,000/MWh offer cap, despite a frigid winter in which high gas prices forced the RTO to obtain temporary waivers from the limit. “We’re not convinced that last winter proves the need to change the cap,”...

Former Federal Energy Regulatory Commission Chairman Jon Wellinghoff responded to criticism of his role in publicizing information about potential for attacks on the power grid Friday, telling Politico he had done nothing wrong. Wellinghoff came under attack over a Wall Street Journal article describing an internal FERC report that described...

Financial Transmission Rights holders asked PJM and Market Monitor Joe Bowring last week to take action to address the continuing shortfall in FTR funding. They received sympathy but no commitments. In June, the Federal Energy Regulatory Commission rejected a complaint (EL13-47) by FirstEnergy Solutions Corp. that sought to bill all...

The Federal Energy Regulatory Commission has scheduled a hearing over how much Duke Energy will pay to resolve its obligations for transmission expansion projects in MISO after settlement talks collapsed. Administrative Law Judge Philip C. Baten ordered a prehearing conference for April 1, in preparation for a scheduled Oct. 21...

By Kathy Larsen and Rich Heidorn Jr. WASHINGTON — Tony Clark, the junior member of the Federal Energy Regulatory Commission, rarely says much at the commission’s monthly meetings. On Thursday, however, he became the latest of his colleagues to criticize former Chairman Jon Wellinghoff’s crusade to bring attention to physical...

Natural gas production and demand hit new records in 2013, and futures prices suggest the trend may continue this year, FERC staff said last week in their annual State of the Markets review. Natural gas spot prices, which had fallen to record lows in 2012, rose across the U.S. last...

By Ted Caddell The Federal Energy Regulatory Commission set a six-month deadline for the natural gas and electric industries to better align their daily schedules, adding urgency to changes already proposed by RTO and pipeline representatives. In a Notice of Proposed Rulemaking (NOPR), FERC said Thursday it wants to start...

FERC upheld an earlier ruling that Old Dominion Electric Cooperative (ODEC) and North Carolina Electric Membership Corporation (NCEMC) shouldn’t have to help pay for $173.4 million in undergrounding for three projects in Virginia that Dominion Resources' Virginia Electric and Power Co. included in its 2010 Annual Transmission Revenue Requirement. Incremental ATRR...