Public Service Enterprise Group (PSEG)
An appellate court ruling on the PJM minimum offer price rule (MOPR) has created disagreement among stakeholders on how to proceed.
The CEOs of Exelon, PSEG and Dominion praised proposed price supports for nuclear and coal generators during their third-quarter earnings calls.
FERC rejected a request by PJM to allow Linden VFT to convert the 330 MW of firm transmission on its lines between PJM and NYISO to non-firm.
PJM capped a busy week with a 90th birthday celebration that attracted utility CEOs and government officials.
PSEG CEO Ralph Izzo said that the company has received “just about universal support for the continued operation” of its nuclear plants.
MACRUC attendees heard strikingly different prescriptions for how to fix the wholesale energy markets from the CEOs of New Jersey utility PSEG and Dynegy.
In response to a request for comments on paths to reconciling policies and wholesale markets, PJM officials told FERC they are pursuing three initiatives.
PJM officials reaffirmed their selection of LS Power for the stability fix at Artificial Island, rejecting a rival plan from PSE&G.
PSEG has received approval to operate as a third-party supplier of retail electric energy in New Jersey and eastern Pennsylvania.
The NYISO Management Committee approved an agreement with PJM to end the 1,000-MW Con Ed-PSEG wheel next year while maintaining an operational base flow of 400 MW.
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