February 1, 2021
PJM To Hold Series Of Workshops On Capacity Market Design, Enhancements
PJM announced that it will host a set of workshop sessions, "to discuss potential capacity market enhancement."
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January 14, 2021
Pa. PUC Approves Use Of Capacity Proxy Price For Duquesne Light Default Service Auction
The Pennsylvania PUC approved, without modification, the petition of Duquesne Light Company to modify its supplier master agreement to implement use of capacity proxy price (CPP) in its upcoming March 2021 procurement of default supply contracts
January 11, 2021
PJM States Propose Four Core Principles For PJM Markets, Resource Adequacy
The Organization of PJM States, Inc. (OPSI) wrote to PJM's board of managers with a recommendation for "four core principles" concerning resource adequacy and the PJM markets
November 25, 2020
PJM Reports Some LSEs May Have Been Charged Based On Incorrect PLCs In Ohio Zone, Back To Jan. 2019
PJM said in a market notice that, "It has come to our attention that certain Load Serving Entities may have been charged and credited based on incorrect peak load contribution values supplied by Duke going back to January 2019."
November 17, 2020
PJM Staff Propose New Schedule To Resume Capacity Auctions, Some Additional Delivery Years Would See Auction Delayed From Typical May Date
PJM has posted a staff presentation for the November 19 Markets and Reliability Committee concerning updates to the PJM capacity market Base Residual Auction and incremental auctions, now that FERC has issued orders in all necessary proceedings to resume the auctions
November 17, 2020
New Jersey BPU Petitions FERC To "Vacate" Footnote Related to Default Service In MOPR Order
The New Jersey BPU has petitioned FERC to vacate a footnote in FERC's recent order on the Minimum Offer Price Rule which discussed the potential exemption (or lack thereof) of the New Jersey's BGS default service auction from the MOPR, as the BPU called the footnote, "non-binding dicta," that…
October 30, 2020
PJM Discusses Interpretation Of FERC MOPR Order & Impact On State Default Service Auctions
During a Markets & Reliability Committee meeting, PJM staff provided an update on implementation of FERC's recent Minimum Offer Price Rule order, and, in particular, its applicability to state default service auctions for electricity supply
October 16, 2020
Commentary: FERC Doesn't Understand How Default Service Auctions Work (MOPR/Default Service Order)
Contrary To Spin, FERC Hasn't Found Any Current SOS Auctions To Be Exempt From MOPR; Glick Suggests Any Full Requirements SOS Auction With RPS Obligation May Trigger MOPR
October 15, 2020
Glick: New FERC PJM MOPR Order Footnote Suggests That Default Service Auctions Are Subject To MOPR If They Take Into Account State RPS Targets
FERC adopted an order on rehearing and compliance regarding a PJM plan to implement a revised minimum offer price rule (MOPR) in the capacity market
October 8, 2020
Pennsylvania PUC Approves Use Of Non-Zero Proxy Capacity Price In Upcoming Default Service Auctions At FirstEnergy EDCs
The Pennsylvania PUC approved a petition from Metropolitan Edison Company, Pennsylvania Electric Company, Pennsylvania Power Company, and West Penn Power Company (collectively the FirstEnergy EDCs, FirstEnergy, or the Companies) for approval to modify the FirstEnergy Supplier Master Agreement (SMA)…
July 28, 2020
Retail Supplier Expanding To PJM
New York-based retail supplier EnergyMark said in a news release that, "EnergyMark has announced their approval for service in the PJM Electric Grid, which serves 65 million energy users and is the nation's largest regional power transmission system."
July 9, 2020
Utility In Retail Choice State Withdraws Proposal For Battery Storage Pilot, Had Been Seeking Approval For Participation In PJM Markets
Duke Energy Ohio has withdrawn an application before the Public Utilities Commission of Ohio under which the utility had been seeking approval of a battery storage pilot project to install a lithium ion battery, rated for approximately 3.95MW/8.9MWH, adjacent to the existing McMann substation in…
July 7, 2020
PJM Formally Files At FERC To Allow Surety Bonds As Collateral, Except For FTRs
PJM formally filed tariff revisions at FERC to allow the use or surety bonds, which conform to proposed PJM requirements, as collateral, except for the Financial Transmission Rights (FTR) market
June 16, 2020
In Rate Case, AEP Ohio Seeks New Demand-Side Management Programs With "Return To A More Traditional Utility Role"
As part of its current rate case, AEP Ohio has proposed a new suite of demand-side management programs (DSM Plan) which, as stated in testimony from the company, "represents a return to a more traditional utility role of engaging customers to help manage the peak usage of energy along with ways to…
May 22, 2020
FERC Adopts Changes To PJM Reserves Market That Could Lead To Prices As High As $10,000/MWh
Addresses Effective Date For Market Changes
FERC has adopted changes to PJM's reserves market proposed by PJM that could see reserves prices reach $10,000 per MWh.
May 21, 2020
Retail Suppliers Oppose New Jersey Fixed Resource Requirement
Various retail suppliers filed comments with the New Jersey BPU opposing, or otherwise expressing concerns with, a Fixed Resource Requirement (FRR), while PSEG and Exelon Generation Company, LLC proposed an "Integrated FRR Procurement" to address resource adequacy and clean energy goals in light of…
May 20, 2020
PUCO Staff Recommend That If Utility's Sought Battery Storage Allowed To Participate In Wholesale Market, Participation Be Initially Limited To Regulation Service
Staff of the Public Utilities Commission of Ohio have filed comments on a battery storage project proposed by Duke Energy Ohio, and said that, if the Commission authorizes the project to participate in the wholesale market, such authority be limited to the 'Regulation D' frequency market, and any…
April 20, 2020
Maryland Utilities File Further Change In Mechanics Of Treatment Of Price Responsive Demand Credits For Customers Of Retail Suppliers
In Maryland, Baltimore Gas & Electric, Pepco, and Delmarva Power have filed further revisions to their supplier coordination tariffs to reflect the treatment of Price Responsive Demand (PRD) credits earned in the PJM capacity market
March 20, 2020
Retail Supplier Parents, Brokers, Pa. PUC Among Those Requesting That PJM Capacity Auction Schedule Be Resumed "As Quickly As Possible"
An ad hoc group of stakeholders identifying itself as the "the Competitive Markets Coalition", which includes several integrated generation and retail energy supply companies as well as a representative of brokers, urged FERC to act expeditiously on a PJM minimum offer price rule (MOPR) capacity…
March 16, 2020
Citing Retail Growth Strategy, Energy Harbor (f/k/a FirstEnergy Solutions) Rescinds Deactivation Notice For Nuclear Generating Plant In Pennsylvania
Energy Harbor Corp. (f/k/a FirstEnergy Solutions) has notified PJM Interconnection of its decision to rescind the March 28, 2018, Deactivation Notices for its competitive nuclear generating station in Shippingport, Pennsylvania.
March 13, 2020
PJM Proposes Schedule To Conduct 2022/2023 & Later Base Residual Capacity Auctions
During a stakeholder meeting yesterday, PJM proposed a schedule for the base residual capacity auctions (BRA) for 2022/2023, and later years, which have been delayed due to a FERC order
February 12, 2020
PJM Interconnection Announces Executive Appointments
PJM Interconnection announced today that the PJM Board of Managers has appointed Lisa M. Drauschak and Asim Z. Haque to the PJM executive team.
January 22, 2020
With PJM Capacity Auctions For 2022 And Later Still Delayed, Utility Suggests Change In Term Of Default Service Products Sought In Auction
With PJM's base residual capacity auction for the year 2022-23 still delayed, and the auction for 2023-24 likely to be delayed as well, Duke Energy Ohio has suggested to the Public Utilities Commission of Ohio further changes to its default service procurements
January 17, 2020
IBM To Join PJM As Associate Member
International Business Machines Corporation (IBM) has applied to be an Associate Member of PJM, according to a market notice issued by PJM concerning new members
January 9, 2020
PJM Won't Run Base Residual Capacity Auctions Until FERC Approves Price Floors, Could Delay BRAs Beyond 2020
Vistra Energy Reports Negative Impact On Retail Contract From Delay
At a Market Implementation Committee yesterday, PJM said that it will not conduct a Base Residual Auction for capacity until FERC rules on new price floors to be developed as a result of FERC's recent order expanding the minimum offer price rule (MOPR)