PJM plans to survey generation owners to determine what can be done to increase resource flexibility.
PJM announced tonight that it will ask members to pay more than $2 million in defaults by two retail marketers unable to cover high power costs during January’s arctic cold.
PJM stakeholders agreed to consider lowering credit requirements for Qualifying Transmission Upgrades.
News briefs from the states within the PJM footprint. This week we include Illinois, Kentucky, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania, and Virginia.
Natural gas pipelines will move their nominating schedules later in the day, and PJM will move its Day Ahead schedule forward enhancing gas electric coordination.
News briefs on companies in PJM Interconnection: Dominion, Duke, Exelon, and AEP.
PJM's request to lift the $1,000/MWh price cap sparked a flood of comments to FERC, many of them in opposition.
PJM’s Market Monitor told FERC hat rule changes approved by PJM stakeholders to increase the flexibility of demand response are insufficient and that the commission should impose a must-offer requirement similar to that for generation resources.
January’s sky high energy prices claimed its first casualty Friday as green energy retailer Clean Currents abruptly suspended service, returning its customers to their distribution utilities.
FERC approved PJM’s proposal to cap the amount of Limited and Extended Summer demand response that clears in the annual base capacity auction, an action expected to increase capacity prices.