PJM generators urged fellow stakeholders to support a unified opportunity cost calculator capable of wiping out the compliance risks of the current set-up.

PJM stakeholders were reminded that the clock will soon start ticking on the 90-day settlement period for working out how to unwind the GreenHat default.

PJM asked for feedback about how to reshape its gas pipeline contingency plan, three months after FERC turned it down for lacking specificity and clarity.

The PJM Market Implementation Committee discussed capacity interconnection rights, carbon pricing, the RTO's market seller offer cap, and more.

PJM will move forward with its August capacity auction under current market rules, unless FERC says otherwise, CEO Andy Ott told stakeholders.

PJM proposed an alternative stakeholder process to implement market rule changes recommended in a special report on the RTO’s role in the GreenHat default.

The PJM Market Implementation Committee heard a first read on a proposed change to the calculations for financial transmission rights forfeitures.

The PJM MIC set up a showdown over whether the RTO can force capacity resources into energy-only status for failing to meet requirements.

Capacity market sellers expressed anxiety over PJM’s “parallel path” for its upcoming Base Residual Auction, urging staff to consider delaying the auction until FERC clarifies the minimum offer price rule.

PJM’s Market Implementation Committee, which approved changes to its must-offer exception rules in November, will consider 2 alternative proposals March 6.