Just days after Norman Bay was sworn in as FERC’s fifth member, Democrat John Norris announced he will resign his position almost three years early.
PJM officials last week defended their practice of creating interfaces to capture operator actions in response to voltage problems, saying they can’t guarantee the constraints will be modeled in FTR auctions.
News briefs on companies in the PJM Interconnection this week, including Vivint, Tennessee Valley Authority, Sunoco, FirstEnergy and PSEG Nuclear.
PJM member companies FirstEnergy, Duke Energy, NRG Energy, Dynegy and AES all announced second-quarter earnings last week.
After nearly four years of investigation, FERC publicly accused an energy trading firm of market manipulation in a case that dogged enforcement chief Norman Bay through his confirmation as commissioner.
PJM’s Board of Managers will ask FERC to approve a proposal opposed by generators to reduce payments to frequently mitigated units (FMUs).
Commissioner Norman Bay will succeed Cheryl LaFleur as FERC's chairman on April 15, 2015, President Obama said.
The NCEMPA is selling its stake in four Duke Energy Progress power plants to Duke in a deal valued at $1.2 billion, the organizations announced last week.
A summary of measures approved by the PJM Markets and Reliability Committee on July 31, 2014.
PJM will increase performance penalties and incentives and seek ways to incorporate firm gas transportation in energy prices under an initiative announced last week to reduce generator outage rates during winter.
