PJM Interconnection LLC (PJM)
PJM’s testing rules for pseudo-tied resources lack "sufficient notice and transparency," FERC ruled, ordering Tariff changes.
FERC denied Public Citizen’s request to rehear its original complaint alleging that PJM failed to disclose nearly $500,000 in political spending.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committee meetings on May 28, 2020.
PJM transmission owners warned in a strongly worded letter that “PJM is at a crossroads” with an upcoming sector-weighted vote on end-of-life projects.
FERC largely accepted PJM’s Order 845 compliance filing addressing concerns over a lack of transparency regarding contingent facilities.
The New Jersey BPU received dozens of comments on how it should respond to PJM's expanded MOPR. State regulators initiated the investigation to determine if staying in the capacity market will increase consumer costs or impede the state's goals of 100% clean energy sources by 2050.
Analyses that predict increased costs for regions that exit PJM’s capacity market should be redone to presume maximizing imports to counter local market power.
FERC approved PJM’s proposed energy price formation revisions, agreeing with the RTO that its reserve market was not functioning as intended.
FirstEnergy promoted CFO Steve Strah to take over as president for Charles Jones, who will remain as CEO.
The expanded MOPR will cost PJM ratepayers almost $9.7 billion over nine years if FERC adopts revised floor prices allowing most nuclear plants to clear.
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