Exelon and Pepco told FERC last week that competitive and environmental concerns raised over their proposed merger are unfounded.

PJM’s Board of Managers will ask FERC to approve a proposal opposed by generators to reduce payments to frequently mitigated units (FMUs).

Commissioner Norman Bay will succeed Cheryl LaFleur as FERC's chairman on April 15, 2015, President Obama said.

The NCEMPA is selling its stake in four Duke Energy Progress power plants to Duke in a deal valued at $1.2 billion, the organizations announced last week.

A summary of measures approved by the PJM Markets and Reliability Committee on July 31, 2014.

PJM will increase performance penalties and incentives and seek ways to incorporate firm gas transportation in energy prices under an initiative announced last week to reduce generator outage rates during winter.

Exelon, a company primarily known for its generation fleet, continued its customer-buying spree last week when it announced an agreement to buy Integrys Energy Services for $60 million.

Our summary of the issues scheduled for votes at the PJM MRC on 07/31/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.

Facing a barrage of criticism from spurned Artificial Island bidders, state officials and others, PJM’s Board of Managers has delayed action on a recommendation that it select Public Service Electric & Gas to fix the Artificial Island stability problem. Instead, the board will allow PSE&G and other finalists to “supplement” their proposals in response to LS Power’s offer to cap its project cost at $171 million.

Senators from New York are angry over Cheryl LaFleur’s support for the NYISO’s creation of a capacity zone in the Lower Hudson Valley that has led to increases in prices.