PJM ratepayers will likely see capacity prices drop as a result of Dominion’s decision to exit the market, according to a report by the RTO’s Monitor.

PJM defended its handling of Dominion Energy’s decision to opt out of the May 19 capacity auction, asking FERC to reject a complaint by LS Power.

LS Power asked FERC to block Dominion from opting out of PJM’s capacity auction, saying the RTO violated its rules by accepting the utility’s FRR election.

Dominion has abandoned PJM’s capacity market over concerns the minimum offer price rule will undermine its ability to meet Virginia’s renewable targets.

Dominion Energy officials are confident that its 2.6-GW offshore wind project will meet cost projections despite rising raw material costs.

The Virginia State Corporation Commission on April 30 gave Dominion Energy the go-ahead to spend $10.4 million to build three solar projects totaling 82 MW.

MACRUC announced that its 26th annual Education Conference will take place June 27-30 at the Nemacolin Woodlands Resort in Pennsylvania.

Virginia lawmakers have approved legislation to tighten vehicle emission standards and promote electric vehicles.

Implementing Virginia’s ambitious environmental justice goals could cost the state millions of dollars, according to a new report.

FERC found the tax relief granted to a solar farm being constructed in Virginia does not fall under PJM’s MOPR or qualify as a state subsidy.