Plunging temperatures sent natural gas spot prices soaring again this week, prompting PJM today to seek approval from federal regulators to lift the $1,000/MWh price cap on generation.

Sub-zero temperatures from Toledo to Tennessee pushed PJM to its limits last week as the RTO overcame the loss of nearly 40,000 MW of generation during an arctic blast that set a new winter demand record.

PJM operators dispatched demand response this morning after cutting voltages and calling on spinning reserves last night as frigid temperatures stressed generators and created record loads across the RTO.

The PJM MRC heard first readings on a proposed problem statement regarding credit requirements for Qualifying Transmission Upgrades and an amended scope for a task force studying gas-electric coordination.

Gas pipeline operators can exchange non-public operational information with PJM and other RTOs under a final rule approved by the Federal Energy Regulatory Commission.

Operators of gas-fired generators could include the costs of ensuring fuel supplies in their energy market offers under changes being considered by PJM.

RTO Insider's monthly preview of the items on the PJM MC and MRC agendas along with a description/explanation and links to our previous coverage.

The capacity market and the role of demand response dominated the discussion as more than 170 state regulators, PJM staff and stakeholders gathered here for the OPSI annual meeting last week.

FERC moved to improve gas-electric communication by giving gas pipeline operators explicit permission to exchange non-public operational data with PJM.

The Markets and Reliability Committee approved a charter for a task force it created in March to study potential reliability problems resulting from PJM’s in...