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.
PJM’s Oct. 7 revisions to its Capacity Performance proposal appear to have won over Independent Market Monitor Joe Bowring.
Demand response aggregators told PJM officials that the RTO’s proposed response to a court ruling narrowing federal jurisdiction over DR is overly broad.
State officials and generation owners promised last week to challenge the assumptions the EPA used in its proposed carbon rule.