November 2014
FERC has ordered settlement procedures on MISO’s proposed cost allocation for the Presque Isle Power Plant, which would cause steep rate increases for residents in Michigan’s Upper Peninsula.
UTCs in PJM have dropped by about 85% since September, after the FERC said it might make the transactions liable for uplift assessments.
News briefs from the states within the PJM footprint. This week we include Illinois, Indiana, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia.
Transmission upgrades of $20 million or more and all “greenfield” proposals will be charged a $30,000 fee under an OA revision approved by the PJM MC.
FERC ordered PJM stakeholders to develop rules to prevent fleet owners from receiving reactive power payments for retired generators.
PJM should change its rules on pricing and scheduling of interface transactions to reflect changes in system conditions, the RTO’s Market Monitor says.
PJM is planning an effort to identify discrepancies among its governing documents, an initiative prompted by a lawsuit that officials say could have harmed the RTO’s credit rating and increased its insurance costs.
FERC gave final approval to a NERC standard on physical security without a provision that would have given government agencies the ability to overrule transmission owners’ definition of “critical” facilities.
The PJM Board of Managers won’t make its Dec. 1 target for filing the RTO’s Capacity Performance proposal with FERC, CEO Terry Boston told members.
Con Ed of New York filed a complaint with FERC stating its opposition to a cost allocation formula that PJM has devised for two transmission upgrades.
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