Financial marketers are pleased with PJM’s proposal to change the way uplift charges are assessed on virtual trades but aren’t convinced by a PJM analysis that the RTO says justifies extending the charges to up-to congestion trades (UTCs).

PJM wants to change the way virtual trades pay for uplift, replacing the current unpredictable charges with a flat per megawatt fee and assessing them for the first time on up-to congestion trades (UTCs).

PJM's Market Monitor would like to tell stakeholders the identifies of the handful of generators that received $350 million in uplift charges last year. But PJM officials said they are prevented from disclosing the names.

Lacking consensus, PJM dropped plans for a vote on measures to prevent speculation in the capacity auctions, returning the issue to a lower committee.

State regulators and the PJM Board of Managers publicly buried the hatchet over the RTO's contract with Monitoring Analytics. But some tensions remain.

PJM's market monitor released data showing that up-to congestion (UTC) transactions are increasing shortfalls in Financial Transmission Rights (ftr) funding.

PJM's Market Implementation Committee approved an issue charge to consider modifying the algorithm used for publishing the annual capacity auction supply curves.

PJM announced that the Board of Managers approved a new contract with Monitoring Analytics, PJM’s independent market monitor. The contract runs through 2019.

Billions are at stake in the fight between PJM and MISO over capacity transfer limits. Our Q&A explains the issue, and details how each RTO's characteristics play a part.

PJM's MRC approved a problem statement on 5/30 to develop ways to standardize and improve transparency on the unit-specific review process used in MOPR.