PJM will seek FERC approval for a controversial proposal to raise the cost-based energy offer cap to $1,800/MWh through March 2015.

PJM stakeholders deadlocked for the third time Thursday on changes to the $1,000/MWh energy offer cap, leaving it to the Board of Managers to decide whether to seek FERC approval of any changes.

PJM should revise its JOA with Duke Energy Progress to reflect the merger between Duke and Progress, according to the Market Monitor.

Company executives say they are confident that DR will continue to grow despite the EPSA ruling that threatens its continued participation in PJM.

The MRC approved new rules allowing PJM to increase reserve requirements in emergencies, while a companion measure to limit interchange during emergencies fell short.

PJM stakeholders representing supply and load accused each other of refusing to compromise on changes to the $1,000 offer cap Thursday in one of the most acrimonious debates in the last year.

In the face of rising residential usage of rooftop solar panels, new rate structures are needed, said attendees of PJM's Grid 20/20 conference last week.

PJM stakeholders deadlocked Thursday over changes to the $1,000 energy offer cap, leaving the RTO’s board considering yet another unilateral filing with FERC.

PJM will revise its eMKT application to capture more detailed information and require generation owners to use it to verify their operating parameters.

The PJM MRC heard first read Thursday on proposed rule changes to day-ahead resource commitment and scheduling reserve requirements.