lost opportunity cost (LOC)
FERC Enforcement opened 12 new investigations and negotiated two settlement agreements worth $14.4 million in penalties and disgorgements in FY19.
PJM has received FERC approval to divide $40.8 million from an enforcement settlement with GDF SUEZ among implicated market participants.
In a settlement approved by FERC's Office of Enforcement, GDF SUEZ will will pay almost $82 million to PJM to settle market manipulation charges.
MISO officials asked FERC staff last week to trust in its stakeholder process and not force capacity market changes that could increase exports.
A summary of the issues discussed and measures approved by the PJM Markets and Reliability Committee on May 28, 2015.
A round-up of news from the PJM Markets Committee on May 21, 2015.
PJM will seek to recover $15 million in lost opportunity costs erroneously paid to generators that were on forced outages and not eligible for the credits.
PJM stakeholders approved tighter rules on generator lost opportunity costs but rejected a proposal to limit eligibility to the most flexible combustion units.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 04/23/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
A round-up of news from the PJM Operating Committee on April 7, 2015.
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