Four Ph.Ds. joined in a tag-team debate on the virtues of scarcity pricing versus capacity markets in a panel discussion cum economics seminar at the Energy Bar Association’s Annual Meeting.

Joe Bowring and David Patton often disagree, but they are 100% in agreement on the need for independence in market monitoring.

Bowring’s allegations at a FERC technical conference in 2007 that PJM attempted to muzzle his internal market monitoring unit shook the RTO to its roots.

The independence concerns raised by former SPP market monitors resulted in part from FERC’s compromises in Order 719.

Mike Kormos, executive vice president and chief operations officer for PJM, is leaving the RTO on April 15 after 27 years.

The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.

Coaltrain Energy said that it didn’t manipulate the market, that its trading strategy wasn’t deceptive and that it didn’t engage in wash trades.

All of the speakers at a FERC technical conference agreed that PJM's allocation method for FTRs and ARRs could be improved.

FERC's proposed rule would require RTOs and ISOs to register market participants through common alpha-numeric identifiers.

A summary of measures approved by the PJM Members Committee on Nov. 19, 2015.