Capacity prices in most of PJM dropped by nearly two-thirds for 2022/23, with EMAAC and SWMAAC recording their lowest prices ever.

A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee meeting on May 26, 2021.

PJM stakeholders endorsed a proposal to allow transmission facilities avoid being designated as critical infrastructure under NERC standard CIP-014.

The future of the Independence Energy Connection transmission project is in doubt after the Pennsylvania PUC rejected siting applications.

FERC accepted PJM’s compliance filing on its rules for fast-start resources, allowing tariff changes to take effect by July.

FERC rejected the FTR forfeiture rule PJM has been using for more than four years, saying it and could discourage legitimate hedging activity.

FERC threatened GreenHat Energy and its owners with $229 million in civil penalties over the company’s 890 million MWh default of its FTR portfolio in PJM.

PJM ratepayers will likely see capacity prices drop as a result of Dominion’s decision to exit the market, according to a report by the RTO’s Monitor.

Transmission will be key to unlocking benefits for consumers, FERC Chair Richard Glick said at the first session of PJM’s interconnection policy workshop.

PJM closely monitored the situation surrounding the shutdown and cyberattack of the Colonial Pipeline last week, officials said.