PJM rules are making it difficult for banks to purchase the capacity revenue from providers' streams, Citigroup Energy told the MRC last week.

Regulators, consumer advocates and the Market Monitor last week urged the Federal Energy Regulatory Commission not to change a crucial rule for PJM’s upcoming capacity auction, warning that it would allow generators to exercise market power.

A look at how MISO and the Northeast RTOs are planning to cope with winter 2014-15.

PJM is considering boosting its capacity payments to nuclear plants and others with firm winter fuel supplies, the RTO told a FERC technical conference Tuesday.

Members reacted warily to a proposed generic transition mechanism that would hold capacity providers harmless for future rule changes.

In its State of the Market report for 2013, the Market Monitor listed several high-priority tasks for the coming year.

Statistical highlights of the Market Monitor's 2013 State of the Market report.

The PJM 2013 State of the Market was, to quote that noted economist Yogi Berra, mostly “déjà vu all over again.”

PJM has finalized rules for establishing dynamic transfers, which allow resources in one balancing authority to be operated as if they were in another BA.

PJM’s plan to implement new demand response rules in time for the May capacity auction are in doubt following a FERC order requiring the RTO to provide more information to support its proposal.