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March 28, 2026

Energy Market

Billions at Stake in Capacity Market Challenge
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.
Coding Errors Leads to $89 Million Resettlement
PJM will resettle $89 million in bills due to logging errors that overcharged LSEs in the eastern portion of PJM during the polar vortex.
PJM, MISO Consider Interchange Optimization
PJM is proposing a MISO scheduling product similar to the PJM-NYISO CTS solution that has conditional FERC approval to facilitate interchange optimization.
PJM-IMM Plan on FMUs Faces Generator Opposition
PJM and the IMM have reached agreement on a way to reduce the number of Frequently Mitigated Units eligible for “adders” but their proposal faces heavy opposition from generation owners.
PJM Drops Interchange Ramp Plan
PJM has dropped a plan that would have allowed dispatchers to cut interchange ramp limits in order to reduce price volatility and uplift.
Generator Survey Finds Fuel, Environmental Limits Curb Flexibility
Fuel procurement and environmental limitations are the top obstacles to increasing the flexibility of PJM’s generating fleet, according to the PJM generator survey results released last week.
PJM Considers New Rules on Defaults
PJM is considering new rules to address issues, including defaults, raised by the collapse of two retail marketers in January.
Looking Ahead: Winter 2014-15
A look at how MISO and the Northeast RTOs are planning to cope with winter 2014-15.
Winter 2013-14 by the Numbers
PJM wasn’t the only place the winter 2013-14 made its mark in the record books. MISO, the Southwest Power Pool and NYISO all hit all-time winter peaks during January’s polar vortex, while ISO New England came up just short.
States Seek Answers to High Prices
The winter’s high prices for gas and power have busted budgets and left state regulators and consumer advocates scrambling for answers. FERC says it has seen no evidence of market manipulation.

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