PJM's Capacity Performance market structure, approved by FERC, is both over-priced and unlikely to achieve its intended results, says Direct Energy.
Generators asked PJM stakeholders to consider changes to the RTO’s new Capacity Performance program, saying the rules are overly punitive.
A proposal by the Consumer Advocates of the PJM States that the RTO fund the group’s $450,000 budget through an assessment on electric customers won support from state regulators and other load interests but drew sharp opposition from suppliers.
This week's state briefs include news on Connecticut, Delaware, Illinois, Indiana, Kentucky, Missouri, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania and Virginia.
Riesling Power LLC is asking state and federal regulators for expedited approval to buy two coal-fired power plants in western New York.
A key House committee approved what would be the first comprehensive energy legislation in eight years, but hopes for passage dimmed after amendments favored by the oil and gas industry and reductions in funding eroded bipartisan support.
The PJM Markets and Reliability Committee voted overwhelmingly Thursday to raise the energy market offer cap to $2,000/MWh in a move that outgoing CEO Terry Boston called “the stakeholder process at its best.”
The Integrated System expands SPP's footprint to 14 states, adding the Dakotas and parts of Iowa, Minnesota, Montana and Wyoming.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 10/01/15. 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.
NYPA CEO Gil Quiniones says the state-run company will be the “most innovative and advanced utility in the U.S. in a very short period.”
