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.

Stakeholders urged PJM to delay action on generation deliverability testing until rules on capacity interconnection rights for ELCC resources are complete.

The D.C. Circuit rejected PJM’s “de minimis” exemption under its DFAX cost allocation and ordered FERC to explain its OK of DFAX's use in two N.J. projects.

Illinois’ climate goals could cost other states in PJM and MISO tens of millions in transmission upgrades as coal and natural gas power plants are retired.

PJM transmission owners led by Dominion presented the Transmission Expansion Advisory Committee with more than $400 million in supplemental projects.

Dominion Energy plans $603 million in additional transmission spending to serve the unprecedented growth of data centers near Dulles Airport in Virginia.

The Virginia Corporation Commission approved Dominion Energy’s OSW project, but the utility’s CEO said the capacity performance guarantee is “disappointing.”

The Virginia SCC approved a $78.7 million rate hike for Dominion’s offshore wind project, though they warned that ratepayers face the risk of cost overruns.

FERC wants more information to determine whether it should require a 99% confidence level in setting collateral for FTR traders or the 97% level PJM sought.

PJM members approved a change to the Consensus Based Issue Resolution process and received briefings on options for capacity auction parameters.