FERC granted PJM’s request to terminate the membership of Hill Energy Resource & Services following the company’s failure to pay invoices on time in 2022.

The PJM Markets and Reliability Committee endorsed an RTO proposal to increase the maximum number of bids a single corporate entity can enter into FTR auctions.

Researchers at Berkeley Lab say growing renewable generation mean it’s likely time to retool the design of financial transmission rights in wholesale markets.

The PJM MIC endorsed a proposal to increase the maximum number of bids a single corporate entity can place in the RTO’s financial transmission rights auctions.

NYISO’s Management Committee approved tariff revisions and received briefings on the ISO’s winter supply outlook and its updated Strategic Plan.

PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.

SPP is taking another crack at adding counterflow optimization to the congestion-hedging process following a late-August workshop.

Load interests continued to oppose PJM’s proposal to change the market seller offer cap, a month after it failed to meet the two-thirds endorsement threshold.

The principals of GreenHat Energy will pay PJM $1.4 million to settle claims over the company’s FTR market default, which cost members nearly $180 million.

PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.