Search
April 6, 2025

Joe Bowring

“Free” Ride Over for 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 Won’t Name Uplift Recipients
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.
Arbitrage Fix Returned to Committee
Lacking consensus, PJM dropped plans for a vote on measures to prevent speculation in the capacity auctions, returning the issue to a lower committee.
Board, OPSI Bury the Hatchet over Monitor Contract
State regulators and the PJM Board of Managers publicly buried the hatchet over the RTO's contract with Monitoring Analytics. But some tensions remain.
Bowring: UTCs Boost FTR Shortfalls
PJM's market monitor released data showing that up-to congestion (UTC) transactions are increasing shortfalls in Financial Transmission Rights (ftr) funding.
Capacity Supply Curve Review Gets MIC OK
PJM's Market Implementation Committee approved an issue charge to consider modifying the algorithm used for publishing the annual capacity auction supply curves.
PJM, Monitoring Analytics Sign New Contract
PJM announced that the Board of Managers approved a new contract with Monitoring Analytics, PJM’s independent market monitor. The contract runs through 2019.
PJM and MISO: Best of Frenemies
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, Monitor Push New MOPR Changes
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.
Public Interest Orgs. Scold, Praise PJM
Public interest groups scolded PJM for excluding them from the MOPR stakeholder process and for setting its annual meeting at the Greenbrier. The public interest groups and state regulators also praised PJM for its handling of generation retirements and lobbied it to increase use of demand response and energy efficiency.

Want more? Advanced Search