PJM’s plans to conduct winter tests of infrequently used generators could cost as much as $15.9 million, officials told the Operating Committee last week.

At FERC's uplift hearing, PJM was a target for criticism from market participants smarting over the $600 million uplift bill from January’s polar vortex.

PJM's Market Monitor used his newest State of the Market report to repeat longstanding recommendations and warn stakeholders not to overreact to the winter’s extreme weather.

A PJM task force has recommended lifting the $1,000 cost-based energy offer cap, but the margin suggests the proposal may have a tough time winning approval.

Dynegy’s purchase of Energy Capital Partners’ New England power plants will immediately make it a major participant in ISO-NE.

Dynegy announced Friday it will nearly double its capacity with the purchase of about 12,400 MW of generation from Duke Energy and private equity firm Energy Capital Partners.

PJM has consistently had among the highest uplift rates among RTOs and ISOs, according to a Federal Energy Regulatory Commission report released last week.

PJM will create a pricing interface in the ATSI Black River area to capture in LMPs operator actions taken to relieve thermal or voltage problems resulting from high loads.

The PJM MIC approved several changes recommended by subcommittees regarding data submission deadlines and credit requirements.

FirstEnergy is asking consumers to prop up nuclear and coal generating plants the company says are at risk of closing due to low energy and capacity prices.