Aside from endorsing some revisions, PJM stakeholders rejected or deferred votes at the Markets and Reliability Committee and Members Committee meetings.
The CEO of FirstEnergy said the company plans to seek subsidies - zero-emission credits (ZECs) - for its Ohio nuclear plants to make them attractive to buyers.
PJM and its Independent Market Monitor (IMM) debated the RTO's plan to implement a fuel-cost policy review process in a special three-hour MIC meeting.
A record 1,600 people attended the NARUC winter meetings. Exelon's CEO pressed the case for nuclear and uncertainty over the Clean Power Plan remains.
A panel of experts discussing New Jersey’s energy future agreed that the Garden State has made great strides on installing renewable generation resources.
A summary of the issues scheduled to be brought to a vote at the Markets and Reliability and Members committees meetings Feb. 23, 2017.
PPL earnings from ongoing operations rose 11% to $1.67 billion last year, boosted by a 39% jump in the fourth quarter.
Duke Energy saw its 2016 earnings drop more than 20% to $2.15 billion ($3.11/share) from $2.82 billion ($4.05/share) in 2015.
Rep. Greg Walden told the NARUC winter meeting that the House Energy and Commerce Committee will hew close to traditional party positions.
Experts told regulators at NARUC's winter meeting that regulatory inconsistencies have hindered the implementation of PURPA, especially in non-RTO markets.