December 2022 Winter Storm

ISO-NE
FERC Orders ISO-NE to Reconsider Market Power Mitigation Rules
FERC ordered ISO-NE to reconsider its market mitigation rules because of an “unanticipated and highly atypical” situation that pushed prices higher Dec. 24.
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PJM Hears from White House Official on Security
A White House official urged participants in PJM’s General Session to engage in closer collaboration at all levels as cyber and physical security threats morph.
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PJM CEO, Panelists Address Reliability During Annual Meeting
PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.
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SPP Board/Members Committee Briefs: April 25, 2023
SPP members and its board have embraced an advisory group’s report on a fast-approach future grid and directing work to address the group’s recommendations.
PJM Seeks Settlement over Elliott Nonperformance Penalties
PJM asked FERC to initiate settlement judge procedures in its dispute with generators over nonperformance penalties for Winter Storm Elliott.
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PJM: Elliott Nonperformance Penalties Total More Than $1.8B
PJM has assessed more than $1.8 billion in performance penalties on generators that underperformed during the December 2022 winter storm, the RTO said.
Shutterstock
Complaints to FERC over PJM Performance Penalties Multiply
More generator companies filed complaints with FERC alleging that PJM violated its governing documents during its response to the December 2022 winter storm.
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PJM MRC/MC Briefs: March 22, 2023
PJM's vice president of market design told the MRC that the RTO is delaying its estimation of when it will be publishing a report on the December winter storm.
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PJM Chief: Retirements Need to Slow down
PJM needs to slow the pace of generation retirements to avoid reliability problems by 2030, CEO Manu Asthana told the Electric Power Supply Association.
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EPSA Forum Speakers Focus on Hurdles to Energy Transition
Industry speakers at EPSA's Competitive Power Summit focused on the electric industry's transition and the hurdles it must overcome to make it happen.

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