June 2014

Federal Briefs
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the Environmental Protection Agency, Congress, the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission.
Rebuffed by Courts, CPV Seeks FERC End-Around
Utilities in New Jersey and Maryland are fighting an attempt by a Competitive Power Ventures to enforce contracts that federal courts last year ruled invalid.
FERC to Revamp MBR Rules
Power sellers in PJM will no longer have to submit market power screens under proposed changes to FERC's market-based rate (MBR) regulations.
Company Briefs
News briefs on companies in PJM Interconnection, this week including Duke, Exelon, Pepco, NextEra and Energy Counsel LLP.
FERC Splits over ROE
FERC agreed to change the way it calculates returns on equity rates for electric utilities but split over its first application of the new formula in a case involving New England transmission owners.
MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 06/26/14. 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.
CAISO Expands Reach to 7 States with Imbalance Market
The California ISO’s expansion of its energy imbalance market to six other states have some asking the question: Is this the beginning of an RTO West?
FERC OKs GMD, Training Standards; Proposes Modeling Rule Change
FERC approved NERC reliability rules on geomagnetic disturbances, personnel training and capacity modeling.
State Briefs
News briefs from the states within the PJM footprint. This week we include Delaware, District of Columbia, Illinois, Michigan, Ohio, Pennsylvania, Virginia and West Virginia.
FERC Denies Rehearing on Gas-Electric Communications
FERC rejected calls for a technical conference on its November order allowing the sharing of non-public operational information between interstate gas pipelines and electric transmission providers.

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