November 2, 2024

May 2014

Capacity Prices Jump Following Rule Changes
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.
MRC Preview
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.
Major Rule Changes Reduced Imports, DR
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.
Capacity Prices Double in Western PJM, Flat in East
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.
Court Throws Out Demand Response Rule
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.
Analysis: LaFleur Cruises, Bay Bruises in Confirmation Hearing
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.
Industry Happy, Environmentalists Outraged by EPA Rule
Environmentalists were outraged by EPA's cooling water rule while industry groups praised the agency's flexibility.
What’s Covered by EPA Cooling Water Rule?
What plants are covered by EPA's cooling water rule and what do they have to do?
Cooling Water Rule: 7,000 MW Lost in PJM?
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 to Relax OATT Rules for Tie Lines
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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