PJM CEO Manu Asthana spoke about his personal background, career and leadership philosophy during a Raab Associates webinar.

The battle over FERC’s order expanding PJM’s minimum offer price rule moved to federal court as environmental groups, cooperatives and regulators filed petitions.

FERC clarified voluntary renewable energy credits and participation in RGGI will not subject capacity resources to PJM’s expanded minimum offer price rule.

Independent power producers and renewable energy groups petitioned FERC to convene a conference on integrating carbon pricing in the electric markets.

New Jersey officials have taken the first step in determining whether the state should remain in PJM’s regional capacity market or go in another direction.

PJM’s expanded MOPR may not hinder renewables as much as some had feared if the RTO’s interpretation of FERC’s Dec. 19 order is accepted by the commission.

PJM filed Tariff changes to comply with FERC’s controversial order requiring expansion of the MOPR to new state-subsidized resources.

The average load-weighted, real-time LMP in PJM was $27.32/MWh last year, a 28.6% decrease from 2018 and the lowest in the RTO’s 21-year history.

PJM’s Reliability Pricing Model is acquiring more capacity than needed, leading to dirtier, less efficient generation and excessive costs for consumers.

PJM officials told stakeholders that revised calculations show lower floor prices for gas, nuclear and solar generating units under the expanded MOPR.