PJM stakeholders discussed a myriad of topics and challenges facing the markets at last week’s Mid-Atlantic Power Market Summit hosted by Infocast.

The PJM Market Monitor estimated the DOE NOPR would cost ratepayers $32 billion/year if nuclear and coal units were all paid their full replacement value.

Consumer representatives and the Independent Market Monitor expressed concern at the MRC over PJM’s plans for vetting energy offers exceeding $1,000/MWh.

Representatives grilled PJM officials at the Markets and Reliability Committee meeting over proposed changes to price-responsive demand (PRD) bids.

Members approved a Tariff revision setting 78.5% as the balancing ratio to be used in calculating the default market seller offer cap for the 2021/22 BRA.

ERCOT approved the shutdown of two plants, including Luminant’s coal-fired Monticello facility in East Texas.

The NYISO Management Committee approved proposed Tariff changes to define the role of inverter-based energy storage in providing synchronized reserves.

The Energy Bar Association Mid-Year Forum included discussions of subsidies and the Energy Department's proposed grid resiliency pricing rule.

PJM agrees there is an issue with maintaining reliability, but not the one suggested by the DOE's recent call for price supports for coal and nuclear.

ERCOT’s Technical Advisory Committee has canceled its Oct. 26 meeting because of a limited number of items for consideration.