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March 28, 2026

Energy Market

Monitor: Resist Subsidies, Don’t Retreat from Markets
PJM's Market Monitor used his newest State of the Market report to repeat longstanding recommendations and warn stakeholders not to overreact to the winter’s extreme weather.
PJM MIC OKs Settlement, Credit Changes
The PJM MIC approved several changes recommended by subcommittees regarding data submission deadlines and credit requirements.
FirstEnergy Wants Regulated Companies to Subsidize Generation
FirstEnergy is asking consumers to prop up nuclear and coal generating plants the company says are at risk of closing due to low energy and capacity prices.
FERC Staff Accuses Powhatan as Bay Moves Up — UPDATE
After nearly four years of investigation, FERC publicly accused an energy trading firm of market manipulation in a case that dogged enforcement chief Norman Bay through his confirmation as commissioner.
PJM, IMM Issue Warning on Interchange Scheduling
PJM and the IMM said they will target traders who schedule interchange trades for the last 15 minutes of an hour based on price differentials in the first portion of the hour, a scheme known as “slamming the close.”
Utilities, Solar Industry Square Off in Other States
Disputes between utilities and solar providers aren’t limited to North Carolina.
PJM Sets Sub-Zonal Pricing Interface for Demand Response at New Castle
PJM has created a closed loop interface to capture the pricing of demand response in a transmission sub-zone spanning the Pennsylvania-Ohio border near New Castle, Pa.
Growing Solar Industry at Crossroads in N.C.
North Carolina has unexpectedly become one of the fastest-growing destinations for solar energy developers in the nation, but a battle pitting the state's largest utilities against environmentalists could stop that growth in its tracks.
SCC: Dominion IRP Lacks Analysis of Nuclear Plans
Virginia State Corporation Commission staff wants Dominion Virginia Power to conduct a risk analysis comparing reliance on natural gas-fired generation and constructing a third unit at its North Anna nuclear plant.
FMU Proposal Falls Short
Generation owners last week helped kill a joint proposal from PJM and the IMM to reduce payments to frequently mitigated units (FMUs).

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