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December 7, 2023

December 2022 Winter Storm

NERC
NERC: Grid Risks Widespread in Winter Months
NERC's Winter Reliability Assessment found large portions of the electric grid at risk of energy shortfalls this winter.
FERC
FERC-NERC Elliott Report Calls Winter Outages ‘Unacceptable’
In their final report on Winter Storm Elliott, FERC and NERC said congressional action on natural gas reliability is needed.
© RTO Insider LLC
PJM OC Briefs: Nov. 2, 2023
PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.
Constellation Energy
FERC, NERC Leaders Voice Concern About Loss of Everett Marine Terminal
FERC Chair Willie Phillips and NERC CEO James Robb wrote in joint comments that they have "serious concerns" about Everett's retirement.
Shutterstock
Settlement over PJM Elliott Penalties Receives Broad Support
Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.
© RTO Insider LLC
EBA Participants See Some Consensus in Gas-electric Harmonization Talks
The Energy Bar Association's Mid-Year Forum illustrated greater collaboration between than the electric and natural gas industries than normal.
PJM
PJM OKs 32% Cut in Elliott Penalties in Proposed Settlement
PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.
Shutterstock
Settlement Possible Between PJM And Several Generation Owners over Winter Storm Complaints
Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.
GE Hitachi and TVA
TVA Resists Congressional Call to Achieve 100% Clean Energy Sooner
The Tennessee Valley Authority doesn’t appear ready to fast-track its decarbonization plans despite receiving a letter this month from 10 members of Congress urging it to chart a path to 100% clean energy by 2035.
Shutterstock
FERC Approves PJM Change to Emergency Triggers
FERC approved PJM's proposal to tighten the triggers initiating a performance assessment interval.

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