PJM’s Tim Horger provided an update on the RTO’s efforts to comply with the FERC plan on fast-start resources at the Market Implementation Committee meeting.
PJM stakeholders endorsed changes to how generation ownership is transferred despite a concern about a required 45-day prefiling.
FERC rejected a key part of PJM’s controversial proposal to reallocate uplift costs, saying it had failed to justify its plan to begin charging UTC transactions.
FERC denied FirstEnergy’s request to transfer ownership of the coal-fired Pleasants plant in West Virginia from Allegheny Energy Supply to Mon Power.
Grid operators turned to coal- and oil-fired generation as Arctic air sent temperatures plunging to record lows from the Great Plains to the Deep South.
Exelon and PSEG will have to wait until the next session of the New Jersey Legislature for a vote on a bill to provide payments to the state’s nuclear fleet.
Defenders of the Illinois nuclear subsidy program faced harsh questioning from a judge skeptical that it avoids federal pre-emption concerns.
PJM has a lot on its plate for 2018, including an ongoing effort to change its capacity market structure, the DOE NOPR and gas-electric coordination.
PJM’s long-awaited capacity construct redesign will have to wait at least another month for endorsement by the Markets and Reliability Committee.
PJM’s initiative to internalize all generator payments moved forward at the MRC when stakeholders endorsed the RTO’s proposal to examine price formation.