November 21, 2024

August 2014

Duke, ECP Deals Boost PJM Rank
Dynegy announced Friday it will nearly double its capacity with the purchase of about 12,400 MW of generation from Duke Energy and private equity firm Energy Capital Partners.
Monitor: Resist Subsidies, Don’t Retreat from Markets
PJM's Market Monitor used his newest State of the Market report to repeat longstanding recommendations and warn stakeholders not to overreact to the winter’s extreme weather.
Becomes ISO-NE Player Overnight
Dynegy’s purchase of Energy Capital Partners’ New England power plants will immediately make it a major participant in ISO-NE.
Company Briefs
News briefs on companies in the PJM Interconnection this week, including FirstEnergy, Exelon and Intergrys.
PJM Members Split over MRC/MC Meeting Site
Though a bridge to Wilmington has finally reopened, some PJM members want to continue holding MRC and MC meetings at the RTO's Conference and Training Center in Valley Forge.
Deadlock on Capacity Parameters
PJM members deadlocked last week on changes to capacity market parameters with none of five proposals winning a supermajority.
State Briefs
News briefs from the states within the PJM footprint. This week we include Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio and West Virginia.
PJM Expense Rate Unchanged in 2015 Budget
PJM expects to spend $276 million in 2015, a 2% increase over 2014, according to a preliminary budget outlined to members last week.
Federal Briefs
News briefs on the federal agencies that impact those doing business in PJM's footprint. This week, we highlight the Army, the Bureau of Ocean Energy Management, the EPA and the Energy Department.
Split Panel Recommends Lifting $1,000 Offer Cap
A PJM task force has recommended lifting the $1,000 cost-based energy offer cap, but the margin suggests the proposal may have a tough time winning approval.

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