A joint proposal from PJM and the Independent Market Monitor to reduce payments to frequently mitigated units (FMUs) rose from the ashes to best three generator-backed proposals last week.

Members last week agreed to create a senior task force to fix the underfunding of Financial Transmission Rights (FTRs) following a debate over the role of Auction Revenue Rights.

“Clean” energy portfolio standards may be a way for states to provide financial support for ailing nuclear plants, FERC officials told the NRC last week.

PJM told FERC last week it should allow a Duke Energy peaking plant to recover $9.8 million it spent on expensive natural gas it was unable to burn in January.

Questions multiplied faster than answers last week following an appellate court ruling that threw out FERC's jurisdiction over demand response (DR) compensation.

PJM stakeholders agreed to consider ways to make it easier for banks to purchase capacity providers’ revenue streams.

Our summary of the issues scheduled for votes at the PJM MRC on 05/29/14. 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.

PJM members approved rule changes to reduce “adder” payments to frequently mitigated generation units (FMUs), after rejecting a joint proposal from the RTO and the Market Monitor.

Stakeholders split last week over a PJM proposal to change how the RTO captures the cost of deploying additional reserves during extreme weather.

Stakeholders split last week over a PJM offer cap proposal that changes how the RTO captures the cost of deploying additional reserves during extreme weather.