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December 7, 2024

EL19-47

© RTO Insider LLC
DC Circuit Affirms FERC Order on PJM MSOC
The court reaffirmed FERC's order eliminating the default offer cap, denying generators' claims that the changes to PJM's market seller offer cap deprived them of the ability to set their own rates.
PJM
Judges Skeptical of Capacity Sellers in PJM Offer Cap Dispute
Generators faced skeptical questioning from D.C. Circuit judges in their bid to overturn PJM’s capacity offer cap rules.
FERC Backs PJM IMM on Market Power Claim
FERC ordered PJM to revise its market seller offer cap to prevent sellers from exercising market power in the RTO’s capacity market.
PJM Monitor Challenges MBRAs over Market Power
PJM’s Monitor opened another front in its bid to strengthen its market power rules, challenging the renewals of rate authorizations in 14 dockets.
Monitor Defends Offer Cap Complaint
The Independent Market Monitor fired back at PJM’s request that FERC dismiss its complaint about the RTO’s default market seller offer cap.
Monitor Asks FERC to Cut PJM Capacity Offer Cap
PJM’s Independent Market Monitor asked FERC to order changes to the RTO’s Capacity Performance assumptions, saying the current rules allow sellers to exercise market power.

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