The PJM Board announced that the Nominating Committee is recommending former InterGen CEO Neil Smith to replace retiring Chairman Howard Schneider.
The PJM Board of Managers directed staff to identify changes to improve reserve market pricing that can be implemented for next winter.
As part of its bankruptcy filing, FirstEnergy Solutions has requested the authority to end its long-held “sponsorship” of the Ohio Valley Energy Corp (OVEC).
Panelists at day 2 of FERC’s technical conference on distributed energy resources (DER) focused on the role of electric distribution companies (EDCs).
PJM filed with FERC to consider both its two-stage capacity repricing proposal and its Market Monitor’s plan to expand the minimum offer price rule (MOPR).
PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.
PJM stakeholders are questioning the process for how a transmission development proposal will proceed following a debate at last week’s Planning Committee meeting.
With the exception of three nor’easters, system operations in March were relatively uneventful, PJM told Operating Committee meeting attendees.
FERC said that a preliminary investigation indicates that PSEG committed multiple violations of PJM market-bidding rules and made “false and misleading statements” to RTO staff.
FERC rejected PJM’s most recent proposal for compensating the systemwide service and ordering a technical conference on larger concerns.