PJM and its Monitor shared with stakeholders their proposals for responding to FERC’s directive that state default service auctions be subject to the MOPR.

PJM’s Monitor defended a conclusion that ratepayers are likely to see cost increases in jurisdictions that exit the capacity market and adopt the FRR option.

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.

Exelon said a report from PJM's Monitor uses assumptions to cast a negative light on the FRR alternative members may pursue in the face of an expanded MOPR.

FERC denied a complaint from PJM’s Monitor that alleged the RTO erred when it decided against penalizing Tenaska over supposed fuel-cost policy violations.

PJM stakeholders endorsed manual language that memorializes the Monitor’s role in analyzing competitive transmission proposals, but not before protests.

FERC released the disputed fuel-cost policy at the center of a complaint PJM’s Monitor filed against the RTO for not penalizing a generator.

Record low energy prices persisted for the first nine months of the year in PJM, the Independent Market Monitor said in its State of the Market report.

PJM’s Monitor said the RTO should resume its efforts to close loopholes that allow demand response resources to sell high and buy low in its auctions.

As PJM stakeholders anxiously await FERC’s ruling on expanding the MOPR, a new analysis says the policy could signifigantly increase capacity market prices