At least seven people were injured, including five PSE&G workers, Tuesday afternoon when a massive gas explosion ripped through a Ewing Township, N.J. condo complex. The explosion destroyed at least one home and others were damaged by what witnesses described as a fireball.

Black start generators anticipating increased compensation came away empty handed Thursday as stakeholders rejected two proposals that would have boosted payments to existing units by at least 40%.

PJM Company Earnings Report - Pepco Holdings reported a big increase in fourth quarter earnings while FirstEnergy showed a drop.

PJM could get 30% of its energy from wind and solar power without reliability problems, but it could require as much as $13.7 billion in transmission upgrades, according to a long-awaited study.

News briefs on companies in PJM Interconnection: American Municipal Power and AEP.

PJM transmission owners will publicly post the calculations they use to allocate energy, capacity and transmission costs under a plan outlined to the Markets and Reliability Committee.

PJM officials told members last week they want to accelerate the schedule of the quadrennial review of the Cost of New Entry (CONE) by two months.

Preparing for a new scheduling product, the PJM Markets and Reliability Committee last week approved collateral rules for export transactions.

January's record-setting cold pushed PJM’s load-weighted LMP to $126.80, more than three times the price in January 2012.

PJM’s attempt to address speculation in the capacity market collapsed Thursday as members failed for the second time in three months to reach consensus on rule changes.