FERC reaffirmed the authority of PJM’s Monitor to file complaints against the RTO over fuel-cost policies, dismissing concerns about conflicts of interest.

PJM’s markets remain “under attack” from those concerned about the retirements of unprofitable legacy generators, the Monitor said.

PJM and its Monitor must turn over a trove of documents stemming from allegations of manipulation against now-defunct Coaltrain Energy.

Reduced uplift, plunging energy prices and shrinking net revenues punctuated a competitive first quarter in the PJM energy market.

PJM wants FERC to toss out the Independent Market Monitor’s complaint about its default market seller offer cap.

Unsound rules for calculating default market seller offer caps and other persistent structural flaws made PJM’s capacity market uncompetitive in 2018, the RTO’s Monitor said.

Merchant generators’ Hail Mary pass for a U.S. Supreme Court review of Illinois and New York nuclear subsidies has won support from PJM’s Independent Market Monitor and others.

PJM’s Independent Market Monitor asked FERC to order changes to the RTO’s Capacity Performance assumptions, saying the current rules allow sellers to exercise market power.

PJM members will have two new avenues for feedback on the RTO’s Independent Market Monitor starting in January, the Board of Managers announced.

The PJM Monitor remains unconvinced that performance metrics during localized load sheds should be used to calculate capacity market default offer caps.