Energy Market
Boston lamented that PJM took unilateral action on several contentious proposals in 2014 after stakeholders were unable to reach consensus.
FERC will revisit its decision to prohibit MISO from assessing export charges to PJM for multi-value projects that benefit PJM customers.
FERC approved SPP’s market-to-market coordination rules with MISO, after the two RTOs resolved an earlier dispute over the creation of flowgates.
FERC will accept comments until Feb. 19 on price formation in RTO and ISO energy and ancillary services markets.
Massachusetts needs additional natural gas pipeline capacity to avoid severe energy shortages in the next few decades, a study concluded.
FERC granted PJM’s request to increase the cost-based energy offer cap to $1,800/MWh through March.
The EPA will delay its three proposed carbon emission rules until mid-summer, as it coordinates their release to address new, existing and modified power plants during the same time frame.
PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap.
FERC issued an Order to Show Cause seeking $29.8 million in fines from the Powhatan Fund, in a case that became the centerpiece of a debate over FERC enforcement policy during Commissioner Norman Bay’s confirmation process earlier this year.
PJM and MISO have reached agreement on a new product for interchange transactions similar to the CTS product PJM launched with NYISO.
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