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July 26, 2024

PJM

PJM Interconnection LLC is a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
© RTO Insider LLC
Exelon, PPL Differ on Impact of 15% Corporate Minimum Tax
Exelon said the proposed 15% minimum corporate income tax in the Democrats’ energy and climate bill could impinge its cash flow, slow infrastructure investment.
Wabash Valley Power
DC Circuit Upholds FERC Rejection of Midwestern Co-op Contract
FERC acted reasonably in rejecting a Wabash Valley Power contract and denying it a Mobile-Sierra presumption, the D.C. Circuit Court of Appeals ruled.
PJM
PJM MRC/MC Briefs: July 27, 2022
PJM members approved a change to the Consensus Based Issue Resolution process and received briefings on options for capacity auction parameters.
FERC
FERC Proposes Allowing RTOs to Share Credit-related Info
FERC proposed allowing RTOs to share credit information about market participants, fulfilling a request the grid operators made at a 2021 technical conference.
FirstEnergy
FirstEnergy Spending $1.5B on Transmission Projects this Year
FirstEnergy's "Energizing the Future" spending plan to update its 24,000 miles of transmission lines and substations is paying off with higher profits.
© RTO Insider LLC
Change to PJM Market Seller Offer Cap Falls Short
PJM's proposal to change its capacity offer cap failed to win stakeholders' blessing, but the RTO may submit it anyway, seeking a FERC OK for its next auction.
AEP
Load Growth Boosts AEP Earnings
Boosted by load growth that has returned to pre-pandemic levels, American Electric Power told financial analysts that the company is building on the momentum.
© RTO Insider LLC
PJM Challenged on Oversight of ‘Immediate Need’ Transmission Projects
Consumer advocates, industrial consumers and municipals asked FERC to force PJM to require incumbent TOs to sign agreements on immediate-need projects.
© RTO Insider LLC
MISO, PJM Consider Four Small Interregional Projects
MISO and PJM have four interregional transmission project candidates under consideration this year for their Targeted Market Efficiency Project category.
Ocean Wind 2021
BOEM DEIS Sparks Sharp Divide on NJ OSW Project
The draft EIS by BOEM on New Jersey’s first offshore wind project, Ocean Wind 1, drew more than 50 speakers at two hearings this month.

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