FERC said PJM should not have included a 10% adder in its calculation of make-whole payments to generators whose costs exceeded the offer cap last winter.
PJM officials are developing contingency plans for their 2015 capacity auctions in the wake of last week’s stay of the D.C. Circuit Court's EPSA ruling.
Wisconsin Energy’s proposed $9.1 billion acquisition of Integrys Energy Group has generated some notable opposition — including Michigan Gov. Rick Snyder.
A cost-benefit analysis released by PJM and the IMM says the RTO's proposed Capacity Performance product would cost ratepayers as much as $6 billion over the next four years.
Less than 3% of generation capacity constructed in 2013 was developed solely for sale into organized electricity markets, according to a study by APPA.
FERC has opened three investigations into questionable activity from last winter but has not found evidence of “widespread market manipulation."
FERC approved IPL’s request for a limited waiver from MISO’s must-offer requirement, relieving the company of having to purchase replacement capacity after its coal-fired Eagle Valley units retire in 2016.
FERC affirmed its June order reducing the return on equity for the NETOs, ordering the companies to provide refunds from Oct. 1, 2011.
News briefs from the states within the PJM footprint. This week we include Delaware, Illinois, Indiana, Kentucky, Michigan, New Jersey and Pennsylvania.
Exelon is joining with two other companies to build an emission-free natural gas-fired power plant using a new technology called the Allam Cycle.