FERC will accept comments until Feb. 19 on price formation in RTO and ISO energy and ancillary services markets.

FERC granted PJM’s request to increase the cost-based energy offer cap to $1,800/MWh through March.

The EPA will delay its three proposed carbon emission rules until mid-summer, as it coordinates their release to address new, existing and modified power plants during the same time frame.

PJM’s request to raise the cost-based energy offer cap to $1,800/MWh through March drew a flurry of comments and protests in the days before Christmas.

PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap.

FERC issued an Order to Show Cause seeking $29.8 million in fines from the Powhatan Fund, in a case that became the centerpiece of a debate over FERC enforcement policy during Commissioner Norman Bay’s confirmation process earlier this year.

Power prices briefly spiked above $1,000/MWh on Long Island Wednesday due to a combination of cold weather and an unplanned transmission outage.

PJM and MISO have reached agreement on a new product for interchange transactions similar to the CTS product PJM launched with NYISO.

Connecticut policymakers say inadequate natural gas infrastructure will lead to sharply higher electricity prices despite increased energy efficiency.

PJM IMM Joe Bowring said the RTO should exclude generators from participating in drafting cost development guidelines that determine their compensation.