Energy Secretary Rick Perry on Friday ordered FERC to rescue at-risk nuclear and coal generation by ensuring they receive “full recovery” of their costs.
NOVEC weighed in with its own plan for reforming PJM’s capacity construct, saying the nine existing proposals ignored sometimes-illogical human behavior.
A consensus that appeared to be coalescing for how to revise PJM’s Incremental Auction process and address replacement capacity issues has dissipated.
PJM appears headed toward implementing a capacity construct that would reprice auction results to address the influence of subsidized generation offers.
Stakeholders appear to be eyeing the finish line of PJM’s yearlong effort to consider reforming its capacity construct.
After nearly a year of discussion on potential changes to PJM’s capacity model, stakeholders are determining what components a new construct should have.
Proposals for reforming PJM's capacity markets were presented and explained at a two-day meeting of the Capacity Construct/Public Policy Senior Task Force.
The Pennsylvania State Senate approved a tax on virtual transactions, PJM CFO Suzanne Daugherty told the Markets and Reliability Committee.
PJM’s Independent Market Monitor filed a complaint with FERC requesting fast-track revocation of the RTO’s decision to exempt a generator.
Environmentalists last week urged FERC to decide whether states can control participation of energy efficiency resources in RTOs.