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December 5, 2025

Monitoring Analytics

Stakeholders Caught in PJM-IMM Dispute over Fuel-Cost Policy
PJM and its Independent Market Monitor (IMM) debated the RTO's plan to implement a fuel-cost policy review process in a special three-hour MIC meeting.
Monitor: PJM Markets Competitive, but Have Room for Improvement
PJM’s Market Monitor made new recommendations for the energy, capacity and ancillary services markets in its 2nd quarter State of the Market Report.
PJM News Briefs from FERC Open Meeting
A summary of FERC orders related to PJM issued at the commission's open meeting on June 16, 2016.
Independent Market Monitors Wouldn’t Have It Any Other Way
Joe Bowring and David Patton often disagree, but they are 100% in agreement on the need for independence in market monitoring.
SPP MMU Struggles to Find its Voice
The record shows that until the last 18 months, the SPP Market Monitoring Unit generally filed only testimony packaged with RTO filings.
SPP Squelching MMU Independence, Former Monitors Say
SPP has interfered with the autonomy of its internal MMU, according to two former monitors who say they were fired for voicing their concerns.
Order 719: FERC Balanced MMU Independence Against RTO Autonomy
The independence concerns raised by former SPP market monitors resulted in part from FERC’s compromises in Order 719.
Bowring Urges Return to ‘Fundamentals’
The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.
PJM Asks FERC to Reconsider CP Parameter Rules
PJM and the Independent Market Monitor asked FERC to revise Capacity Performance rules to address concerns that generators might ignore dispatch instructions to avoid penalties.
Monitor: DR, Market Power Changes Needed
The report concluded that PJM's energy, capacity and regulation markets were competitive for the first nine months of the year.

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