Winter Storm Elliott
FERC's latest enforcement report detailed one closed investigation into manipulation during Winter Storm Uri, but other nonpublic probes continue.
NERC's Winter Reliability Assessment found large portions of the electric grid at risk of energy shortfalls this winter.
In their final report on Winter Storm Elliott, FERC and NERC said congressional action on natural gas reliability is needed.
PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.
FERC Chair Willie Phillips and NERC CEO James Robb wrote in joint comments that they have "serious concerns" about Everett's retirement.
Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.
The Energy Bar Association's Mid-Year Forum illustrated greater collaboration between than the electric and natural gas industries than normal.
PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.
Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.
FERC approved PJM's proposal to tighten the triggers initiating a performance assessment interval.
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