PJM and its Transmission Owners won federal regulators’ conditional approval for their plan to integrate multi-driver projects into the RTEP.
Our summary of the issues scheduled for votes at the PJM MRC on 2/26/15. 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.
FERC approved PJM’s request to retain 2,000 MW of capacity in yesterday’s third Incremental Auction for 2015/16 but rejected its request to purchase capacity outside of the RPM.
PJM CEO Terry Boston has announced he will retire by the end of the year. He leaves behind a legacy of building stakeholder consensus and steady leadership.
Generators would be permitted to sell frequency response services at market-based rates under a rule proposed by FERC last week.
PSEG reported fourth-quarter net income of $476 million ($0.94/share), more than double the $200 million ($0.39/share) for the same quarter in 2013.
News briefs on companies doing business with RTOs. This week we include Ameren, NextEra, Xcel, Calpine, Exelon, PPL, NRG, PSEG, Dynegy and AEP.
FERC last week approved NERC's new risk-based approach to reliability compliance monitoring and enforcement, the Reliability Assurance Initiative (RAI).
Duke Energy said Friday that it had reached a $102.2 million settlement with the federal government to end the investigation into the Dan River ash spill and the company’s ash basin operations at other North Carolina plants.
Fourth-quarter earnings of NIPSCO parent NiSource rose to $154.2 million ($0.49/share), up nearly 2% from $151.8 million ($0.48/share) a year ago.
