PJM wasn’t the only place the winter 2013-14 made its mark in the record books. MISO, the Southwest Power Pool and NYISO all hit all-time winter peaks during January’s polar vortex, while ISO New England came up just short.

The winter’s high prices for gas and power have busted budgets and left state regulators and consumer advocates scrambling for answers. FERC says it has seen no evidence of market manipulation.

PJM is considering boosting its capacity payments to nuclear plants and others with firm winter fuel supplies, the RTO told a FERC technical conference Tuesday.

Stakeholders representing load may oppose efforts to change PJM’s $1,000 per MWh offer cap, despite a frigid winter in which high gas prices forced the RTO to obtain temporary waivers from the limit.

A mere typo cascaded into incorrect prices and quantities in the PJM day-ahead market solution last Thursday.

Natural gas production and demand hit new records in 2013, and futures prices suggest the trend may continue this year, FERC said, FERC said in their 2013 state of the markets presentation.

In its State of the Market report for 2013, the Market Monitor listed several high-priority tasks for the coming year.

Statistical highlights of the Market Monitor's 2013 State of the Market report.

The PJM 2013 State of the Market was, to quote that noted economist Yogi Berra, mostly “déjà vu all over again.”

The scheduling tool that would be used to optimize power trading between PJM and NYISO is accurate within $5/MWh more than two-thirds of the time, according to a new analysis provided to members last week.