PJM Board of Managers
PJM asked FERC to approve cost responsibilities for $687 million in transmission upgrades included in a revised RTEP.
Andy Ott is officially head of PJM, after spending a six-month transition period at the side of retiring CEO Terry Boston.
PJM Market Monitor Joe Bowring said that the RTO must include strong market-power protections in rules allowing generators to change their offers hourly.
The PJM board directed staff to seek FERC approval for a package of rule changes related to FTRs and ARRs after the Members Committee nearly reached consensus on the proposal.
The developers of the abandoned PATH transmission project would be denied recovery of more than $10 million of their $121.5 million claim under an initial decision by a FERC administrative law judge Monday.
The PJM Board of Managers approved staff’s recommendation for the stability fix at New Jersey’s Artificial Island, despite objections from the Delmarva Peninsula, which will be allocated nearly the full cost of the project.
A round-up of news from the PJM Transmission Expansion Advisory Committee on June 11, 2015.
Consumer advocates told PJM that Capacity Performance could saddle ratepayers with excessive costs because of its treatment of renewable energy.
The PJM Members Committee elected Terry Blackwell to the Board of Managers, where he will serve out the term of William Mayben, who is retiring.
Andy Ott, PJM’s executive vice president of markets, will replace Terry Boston as president and CEO later this year, PJM announced Wednesday.
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