The Pennsylvania State Senate approved a tax on virtual transactions, PJM CFO Suzanne Daugherty told the Markets and Reliability Committee.

A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on July 27.

The PJM Capacity Construct Public Policy Senior Task Force has been working hard to develop rule changes in time for next year’s capacity auction.

In response to a request for comments on paths to reconciling policies and wholesale markets, PJM officials told FERC they are pursuing three initiatives.

The DC Circuit Court of Appeals denied eight challenges to PJM’s Capacity Performance rules, potentially cementing changes to the RTO's capacity market.

PJM announced at last week’s Markets and Reliability Committee meeting that a scheduled vote on new pseudo-tie provisions would be postponed.

Analysts think the results of the PJM capacity auction yesterday will end efforts to build new generation capacity in the RTO’s territory.

PJM’s first capacity auction requiring year-round availability per its Capacity Performance requirements saw prices drop by one-quarter in most of the RTO.

The PJM Capacity Construct/Public Policy Senior Task Force presented an alternative perspective on the objectives of a resource adequacy construct.

PJM staff detailed how the new rules for aggregating seasonal resources will be implemented in May’s Base Residual Auction.