PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.

Capping four years of discussions and analysis, PJM held a first read of competing fuel assurance rule changes for black start resources from PJM and the IMM.

PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.

PJM is considering changes to how it manages the remaining run hours for coal plants limited by fuel shortages.

PJM responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.

Energy prices in PJM increased by 75.5% in the first quarter of 2022 from a year ago, the Market Monitor reported, driven primarily by higher fuel costs.

The results of PJM’s 2022/23 Base Residual Auction were not competitive, according to a report released last week by the RTO’s Independent Market Monitor.

FERC issued a show-cause order to PJM, saying that the RTO’s tariff appeared to allow generators to exercise market power

FERC accepted PJM’s compliance filing on its rules for fast-start resources, allowing tariff changes to take effect by July.

PJM ratepayers will likely see capacity prices drop as a result of Dominion’s decision to exit the market, according to a report by the RTO’s Monitor.