The PJM Markets and Reliability Committee tabled voting until next month on a proposal to tighten rules on lost opportunity costs for combustion turbines.

PJM members were asked last week to consider allowing generators to revise their offers hourly in the energy market to reflect changes in gas prices.

A round-up of news from the PJM Market Implementation Committee on March 11, 2015.

Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.

MISO officials last week called Year One of MISO South a success but acknowledged room for improvement in crisis communications and unfulfilled potential.

PJM’s plan to change the definition of the IMO interface with the Ontario IESO received a lukewarm review from Monitor Joe Bowring, who said it would not correct what he has called “sham scheduling.”

Powhatan Energy Fund, already embroiled in a battle with FERC’s Office of Enforcement, have now taken on PJM.

FERC issued a deficiency letter last week asking PJM to justify its proposal for reserve pricing in emergencies.

Powhatan Energy Fund’s trading scheme cost more than 20 PJM market participants at least $100,000 each, with Exelon, AEP and Dominion each losing more than $1 million, according to an RTO analysis released by FERC.

Attorneys for Powhatan Energy Fund and Kevin Gates accused FERC's Office of Enforcement of withholding information that could exonerate their clients in a high-profile market manipulation case.