May 2014
The 2017/2018 capacity auction cleared at $120/MW-day in most of PJM as restrictions on demand response and imports doubled prices in Virginia, West Virginia, North Carolina and much of Ohio. Prices were essentially flat in the East.
Our summary of the issues scheduled for votes at the PJM MRC on 05/29/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
PJM rule changes since last year’s auction resulted in reductions in cleared generation imports and demand response. The mix of DR that cleared also changed, with more annual resources and less summer-only.
The 2017/2018 capacity auction cleared at $120/MW-day in most of PJM as restrictions on demand response and imports doubled prices in Virginia, West Virginia, North Carolina and much of Ohio. Prices were essentially flat in the East.
A FERC rule requiring PJM and other RTOs to pay demand response market clearing prices violates state ratemaking authority, a federal appeals court ruled today.
FERC Commissioner Cheryl LaFleur sailed through her Senate confirmation hearing Tuesday while Norman Bay was forced to defend his limited policy experience and his running of the commission’s enforcement division. He also found himself having to negotiate a gender politics minefield.
Environmentalists were outraged by EPA's cooling water rule while industry groups praised the agency's flexibility.
What plants are covered by EPA's cooling water rule and what do they have to do?
PJM could lose as much as 7,000 MW of generation by 2018 under long-awaited cooling-water regulations approved late yesterday by the Environmental Protection Agency.
FERC said it will grant a blanket waiver from OATT requirements for utilities whose only transmission assets are generator tie lines.
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