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July 28, 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.
DangApricot, CC BY-SA-3.0, via Wikimedia
FirstEnergy Close to Selling Minority Interest in its Transmission Co.
FirstEnergy could announce within weeks the sale of a minority interest — as much as 20% — in its 24,000 mile transmission system.
Ørsted, PSEG
MOPR Rehearing Requests Set Stage for Appellate Review
PJM's narrowed minimum offer price rule, which took effect Sept. 29 after a 2-2 FERC deadlock, is likely headed for an appellate court review.
NJ EDA
New Jersey Wind Port Draws Offshore Heavy Hitters
New Jersey’s plan to create a wind port that will serve as a hub for the East Coast got a boost from applications by prominent offshore wind players.
© RTO Insider LLC
Overheard at OPSI 2021 Annual Meeting
The future of the grid and the adoption of new market rules to address PJM's changing generation mix were front and center during OPSI's annual meeting.
OPSI
FERC’s Christie Promotes State Perspectives at OPSI Conference
FERC Commissioner and former OPSI President Mark Christie spoke at the organization's annual meeting, arguing against federal transmission siting authority.
Nuclear Regulatory Commission
US Bankruptcy Judge Continues to Mull Akin Gump’s Final Fees
A U.S. bankruptcy court has again delayed the final payment of a legal bill that Akin Gump charged FirstEnergy Solutions in its restructuring case.
PJM
FERC Accepts PJM BRA Delays
FERC approved PJM's request to delay the Base Residual Auction for the 2023/24 delivery year from Dec. 1 to Jan. 25, 2022.
Global Companies Scale Toward 24-7 Clean Energy
American companies with global operations are partnering with international organizations to fully decarbonize their activities by 2030.
AEP
AEP to Sell Kentucky Operations to Algonquin
AEP said it has entered into an agreement to sell Kentucky Power to Algonquin Power & Utilities' Liberty Utilities for $2.85 billion.
Lawrence Berkeley National Labor
Stakeholder Soapbox: PJM Markets: More ‘Jeopardy,’ Less ‘The Price Is Right’
PJM's "focused" MOPR will undermine the RTO's ability to “get the price right,” say former Commissioner Tony Clark and former PJM SVP Vince Duane.  

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