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PJM has assessed more than $1.8 billion in performance penalties on generators that underperformed during the December 2022 winter storm, the RTO said.
PJM asked FERC to delay its capacity auctions to give the RTO time to incorporate rule changes to address reliability concerns.
With MISO still years away from allowing DER aggregators to fully participate in its markets, the RTO hosted experts to discuss best practices and data sharing.
FERC conditionally approved a PJM proposal to revise its approach to accrediting intermittent and hybrid resources under its ELCC model.
Texas lawmakers have advanced several bills that favor new gas generation, threatening to upend the ERCOT market and punish renewable energy.
More generator companies filed complaints with FERC alleging that PJM violated its governing documents during its response to the December 2022 winter storm.
PJM presented a draft proposal to delay the next four Base Residual Auctions to the Members Committee during a special meeting.
Nautilus Power asked FERC to dismiss penalties over the December 2022 storm, saying PJM failed to provide sufficient notice for their units to purchase gas.
Thirty-one utilities, public interest groups and other entities have joined SPP's effort to develop and launch its Markets+ offering.
PJM proposed a new reliability metric to address resource adequacy concerns as stakeholders moved forward with plans to overhaul the RTO's capacity market.
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