It’s a good bet the ongoing FERC paper hearing to revise PJM’s capacity construct will be a major topic of discussion at the OPSI annual meeting.

The first round of filings in PJM’s “paper hearing” on revisions to the capacity market showed wide disagreement over broadening the MOPR.

FERC has granted the PJM request to delay its annual Base Residual Auction to Aug. 14-28, 2019.

PJM staff unveiled a new capacity market proposal at a special session of the Markets and Reliability Committee: the Resource-specific Carve Out, or ReCO.

PJM asked FERC to delay next year’s Base Residual Auction to provide it more time to respond to the commission requiring changes to capacity market rules.

Rising state subsidies for renewable and nuclear power require PJM to revamp its MOPR to address price suppression in its capacity market, FERC ruled.

Three owners of gas-fired generation in PJM’s territory have filed a complaint asking FERC to direct the RTO to adopt what they’ve termed a “clean MOPR.”

Exelon announced that it will retire Three Mile Island Unit 1 in September 2019 “absent needed policy reforms.”

Independent power producers filed a federal suit challenging Illinois’ zero-emission credits for Exelon’s Quad Cities and Clinton nuclear plants.

PJM asked FERC not to order changes to the RTO’s minimum offer price rule before May’s Base Residual Auction.