Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.
John Phelan, CC BY 3.0, via Wikimedia Commons
Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.
PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.
The Texas PUC has asked the state’s Texas Supreme Court to overturn a recent appeals court ruling that could unwind market transactions during Winter Storm Uri.
Industry speakers at EPSA's Competitive Power Summit focused on the electric industry's transition and the hurdles it must overcome to make it happen.
Icy weather knocked more than 400,000 Texas customers offline last week, but all outages were at the local distribution level.
Nearly a dozen utilities committed to joining the “binding” iteration of the Western Resource Adequacy Program, with more expected to sign on later this month.
PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.
Massachusetts broke from NESCOE's stance on the elimination of ISO-NE's MOPR, saying the rule should be disposed of as soon as possible, without any delay.
Competitive generators and others discussed market changes at the Electric Power Supply Association Competitive Power Summit at the National Press Club.
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