High-cost gas-fired generators will be able to set PJM market clearing prices above $1,000/MWh for the remainder of the winter, the Federal Energy Regulatory Commission ruled.

Several PJM utilities released their fourth quarter earnings last week, but none made news like Exelon, which warned that it may shut down some of its nuclear generating stations if they can't compete against subsidized renewable generators and stubbornly low natural gas prices.

Load serving entities in PJM are starting to calculate how much their bills are going to increase for a frigid January, and they aren’t happy about it.

News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the DOE, EPA, FERC, and Congress.

PJM announced tonight that it will ask members to pay more than $2 million in defaults by two retail marketers unable to cover high power costs during January’s arctic cold.

January’s sky high energy prices claimed its first casualty Friday as green energy retailer Clean Currents abruptly suspended service, returning its customers to their distribution utilities.

FERC granted PJM’s request to lift the $1K offer cap as the RTO entered a 2nd week of frigid temps, straining generators and pushing natural gas prices skyward.

Plunging temperatures sent natural gas spot prices soaring again this week, prompting PJM today to seek approval from federal regulators to lift the $1,000/MWh price cap on generation.

PJM will begin pricing at a new interface near the Seneca pumped storage station in Warren County, Pa., beginning Feb. 1.

Sub-zero temperatures from Toledo to Tennessee pushed PJM to its limits last week as the RTO overcame the loss of nearly 40,000 MW of generation during an arctic blast that set a new winter demand record.