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July 23, 2024

Consumer Advocates of the PJM States (CAPS)

DOE IG Investigating FERC Enforcement
In response to requests from several senators from both parties, the DoE’s Inspector General has begun an investigation into FERC’s Enforcement office.
Company Briefs
News briefs on companies in the PJM Interconnection this week, including PSEG, Duke, FirstEnergy, AEP, Ameren, Constellation and General Motors.
Constellation, Comverge Merging Demand Response Businesses
Constellation Energy and demand side management specialist Comverge said last week they are combining their demand response businesses for C&I customers.
Exelon to Buy Retailer Integrys for $60M
Exelon, a company primarily known for its generation fleet, continued its customer-buying spree last week when it announced an agreement to buy Integrys Energy Services for $60 million.
Members Narrow Scope of FTR Task Force
Members narrowed the scope of a task force created to improve funding of FTR, agreeing to eliminate consideration of balancing congestion.
Pepco to Lose its PJM Voice; Consumers Lose Frequent Ally 
In Maryland and Washington D.C., it would be hard to find a company more hated by consumers than Pepco. Among PJM voting members, however, consumers have had few better advocates.
States, not FERC, will be Challenge for Exelon-Pepco
Exelon’s proposed $6.8 billion acquisition of Pepco Holdings Inc. should clear federal regulatory hurdles easily but may face a tougher time convincing state regulators.
Company Briefs
News briefs on companies in PJM Interconnection: this week we focus on AEP, Dominion, Exelon, FirstEnergy, and NRG.
States Seek Answers to High Prices
The winter’s high prices for gas and power have busted budgets and left state regulators and consumer advocates scrambling for answers. FERC says it has seen no evidence of market manipulation.
Merchant Generation Remains Bumpy
The short history of merchant generation in the U.S. is strewn with the fragments of once high-flying Wall Street darlings that crashed and burned. Remember Sithe? Boston Generating? Orion?

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