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Pennsylvania Adopts State Budget With No PJM Transaction Tax
PJM informed stakeholders that Pennsylvania Governor Tom Wolf has approved a revenue package for the commonwealth of Pennsylvania for its 2018 fiscal ...
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PJM Files To Allocate Uplift To Virtual Transactions
PJM filed tariff revisions at FERC to, "more equitably allocate day-ahead Operating Reserves and balancing Operating Reserves (commonly referred to as...
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Court Vacates FERC Order Expanding Methods For New Generation To Avoid Price Floor in PJM BRA
The U.S. Court of Appeals for the D.C. Circuit vacated an order from FERC which expanded the avenues for generators in PJM to bid below the price floo...
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PJM Posts "Demand Response Strategy" Whitepaper, Addresses Compensation, Retail Contracts
PJM has issued a whitepaper entitled Demand Response Strategy (click here), outlining various issues with DR compensation in PJM's markets. In discus...
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PJM Posts Updated Capacity Market Repricing Proposal, Previews Energy Market Price Formation Paper
PJM has posted an updated Capacity Market Repricing Proposal and previewed an Energy Market Price Formation Working Paper that is to be released June ...
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FirstEnergy Reports Results From PJM Capacity Auction, Calls Prices "Unsustainable" For Coal, Nukes
FirstEnergy reported its results from the recent PJM capacity auction. FirstEnergy called capacity prices from the auction, along with current ener...
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Direct Energy Business: What To Know About The New Balancing Congestion Charge In PJM
Direct Energy Business published a blog post about balancing congestion charges which are newly being assigned to load serving entities in PJM, due to...
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Calpine Reports PJM Capacity Auction Results
Calpine reported its results from the PJM 2020/2021 base residual auction. Calpine cleared a total of 5,309 MW in PJM’s 2020/2021 base residual au...
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Exelon Says Two Of Its Nukes Fail To Clear PJM Capacity Auction
Exelon Corporation today announced that its Three Mile Island (TMI) and Quad Cities nuclear plants did not clear in the 2020-21 PJM capacity auction ...
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Dynegy, PSEG Power Report Results From PJM Capacity Auction
Dynegy announced that it cleared a total of 10,217 megawatts (MW) at a weighted average clearing price of $122.19 per megawatt-day equating to approx...
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Trader Says PJM’s "Informal" Price Corrections Are "Destabilizing" to the Market
Energy trader Monterey Enterprises, LLC and affiliate, Monterey MA, LLC wrote to the PJM board operator concerning a dispute resulting from the treatm...
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PJM Opposes FERC Change To Assign Uplift To Deviating Entities, Calls Proposal Complex, Arbitrary
PJM has filed comments opposing FERC's proposal to require that each regional transmission organization (RTO) and independent system operator (ISO) th...
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PJM Hires Former Retail Supplier General Counsel
PJM Interconnection has named Chris O'Hara as vice president and deputy general counsel. O'Hara most recently worked at NRG Energy where he spent 12...
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Exelon EDCs Seek Aggregation of Capacity Resources in PJM
Five Exelon utilities — Atlantic City Electric (“ACE”), Baltimore Gas and Electric Company (“BGE”), Commonwealth Edison (“ComEd”), Delmarva Power (“DP...
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PJM State Consumer Advocates Name Market Vet As Executive Director
The Consumer Advocates of the PJM States, Inc. (CAPS) announced the hiring of Gregory Poulos as its Executive Director. Poulos previously served as...
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