The PJM Markets and Reliability Committee endorsed an RTO proposal to increase the maximum number of bids a single corporate entity can enter into FTR auctions.

Generators faced skeptical questioning from D.C. Circuit judges in their bid to overturn PJM’s capacity offer cap rules.

The 2023/24 Base Residual Auction held by PJM in June yielded competitive results, the RTO’s IMM announced in a report released last month.

PJM Independent Market Monitor Joe Bowring criticized inquiries into the budget of his firm, Monitoring Analytics, and the scope of its contract with the RTO.

The PJM Market Implementation Committee narrowly rejected a proposed issue charge from curtailment service provider CPower Energy Management.

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.

Capping four years of discussions and analysis, PJM held a first read of competing fuel assurance rule changes for black start resources from PJM and the IMM.

PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.

PJM is considering changes to how it manages the remaining run hours for coal plants limited by fuel shortages.

PJM responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.