FERC rejected Consolidated Edison's attempt to avoid paying for a major transmission upgrade in northern New Jersey but suggested it might order PJM to recalculate the company’s bill.
PJM is considering new rules to address issues, including defaults, raised by the collapse of two retail marketers in January.
PJM says it may have to spend $148 million on grid upgrades if the B.L. England Generating Station plant retirement is unable to proceed with its natural gas repowering plan.
EPA Secretary Gina McCarthy yesterday continued her charm offensive in advance of the agency’s ghg rules for existing power generators, acknowledging that the tough work is only just beginning.
A look at how MISO and the Northeast RTOs are planning to cope with winter 2014-15.
PJM wasn’t the only place the winter 2013-14 made its mark in the record books. MISO, the Southwest Power Pool and NYISO all hit all-time winter peaks during January’s polar vortex, while ISO New England came up just short.
The winter’s high prices for gas and power have busted budgets and left state regulators and consumer advocates scrambling for answers. FERC says it has seen no evidence of market manipulation.
PJM is considering boosting its capacity payments to nuclear plants and others with firm winter fuel supplies, the RTO told a FERC technical conference Tuesday.
News briefs from the states within the PJM footprint. This week we include the District of Columbia, Illinois, Indiana, Maryland, New Jersey, North Carolina, Ohio, and Virginia.
State regulators and PJM transmission owners plan to meet to narrow their differences over rules for “multi-driver” transmission projects.