In many ways, PJM's 2018 was much like years before, with capacity and energy market rules under constant redesign. Some stakeholders have grown weary of the churn.

PJM stakeholders dug in further on the RTO’s proposed revamp to its capacity market, reiterating comments made in FERC’s paper hearing on the proposal.

The annual meeting of the Organization of PJM States Inc. (OPSI) in Chicago featured lively discussions about the RTO's proposed capacity market revamp.

It’s a good bet the ongoing FERC paper hearing to revise PJM’s capacity construct will be a major topic of discussion at the OPSI annual meeting.

PJM’s market design and Exelon’s control of local generation allow the company to name its price for capacity commitments in the Chicago area.

The first round of filings in PJM’s “paper hearing” on revisions to the capacity market showed wide disagreement over broadening the MOPR.

PJM asked FERC to delay next year’s Base Residual Auction to provide it more time to respond to the commission requiring changes to capacity market rules.

FERC wants PJM’s capacity rules to be resolved by Jan. 4 and has dispatched staff to help the RTO and its stakeholders adhere to that timeline.

Rising state subsidies for renewable and nuclear power require PJM to revamp its MOPR to address price suppression in its capacity market, FERC ruled.