November 26, 2024

PJM

PJM Interconnection LLC is a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
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PJM Gas Generator Failures Eyed in Elliott Storm Review
PJM expects to issue at least $1 billion in penalties over generation outages in December, when plummeting temperatures stretched the region to its limits.
CPV
Competitive Power Ventures Entering Retail Market
Competitive Power Ventures is launching CPV Retail Energy to sell power from its “low-emitting” combined cycle plants within the PJM grid.
Duke Energy
North Carolina Regulators Approve Duke’s 1st Carbon Plan
The North Carolina Utilities Commission approved Duke Energy's first carbon plan to comply with state law calling for carbon neutrality by 2050.
Shutterstock
NJ’s Aggressive Clean Energy Plans Face 2023 Challenges
New Jersey’s far-reaching OSW plans face challenges as the first project undergoes permit scrutiny and the state launches a third coastal wind solicitation.
NJ BPU
NJ Extends Comment Period on 3rd OSW Solicitation
New Jersey has extended by two weeks the comment period on the plan to hold its third — and largest — offshore wind solicitation in early 2023.
Ohio General Assembly
FERC Fines FirstEnergy over Ohio Bribe Payments
FirstEnergy agreed to another federal fine, this time for lying to FERC auditors about its role in the Ohio bribery scheme to bail out nuclear plants.
Public Utilities Commission of Ohio
PUCO Staff Clears AEP on June Load Sheds
Ohio regulators cleared AEP of wrongdoing in its response to storms that led to load sheds in June but said it should manage vegetation more aggressively.
Shutterstock
PJM Decides Against Posting Indicative Capacity Auction Results
PJM backtracked on posting “indicative” results of the 2024/25 capacity auction in the face of stakeholder opposition.
Gov. Kathy Hochul
FERC, NERC Set Probe on Xmas Storm Blackouts
FERC and NERC will conduct yet another inquiry into cold weather grid failures after Duke and TVA cut power to consumers during December's winter storm.
© RTO Insider LLC
Major Changes in 2022 Continue to Shape PJM Outlook in 2023
PJM's first order of business in 2023 will be a review of the “indicative” 2024/25 capacity auction results following concerns of artificially inflated prices.

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