February 24, 2025

Joe Bowring

Monitor: Winter Prices Boosted PJM Prices, Raise Withholding Concerns
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
Impatient FERC Hints at Action on PJM-MISO Seams Disputes
FERC increased its pressure on PJM and MISO to resolve their longstanding boundary disputes, saying it was considering taking action “to improve the efficiency of operations” at the RTOs’ seam.
Retiring PJM CEO Boston Lauded for Efficiency Improvements, Management Style
PJM CEO Terry Boston has announced he will retire by the end of the year. He leaves behind a legacy of building stakeholder consensus and steady leadership.
Gates, Powhatan Say FERC Enforcers Didn’t Share Crucial Info
Attorneys for Powhatan Energy Fund and Kevin Gates accused FERC's Office of Enforcement of withholding information that could exonerate their clients in a high-profile market manipulation case.
© RTO Insider
Patton Asks FERC to Set Deadline on PJM-MISO Interface Pricing Dispute
MISO’s Market Monitor urged FERC last week to resolve a standoff between MISO and PJM over interface pricing that he said is costing consumers millions.
Stakeholder Process Under Attack at FERC Hearing on PJM Financial Trades
The RTO stakeholder process came under fire last week at a FERC technical conference on the treatment of financial transactions in PJM.
PJM’s Offer Cap Proposal Sparks Opposition
PJM’s request to raise the cost-based energy offer cap to $1,800/MWh through March drew a flurry of comments and protests in the days before Christmas.
Exelon-Pepco Merger Faces Headwinds in Maryland
Md. PSC staff said Exelon should increase its proposed credit to customers as a condition of approval of the company's merger with Pepco, while the OPC said the commission should reject the deal.
PJM Market Monitor: Bar Generators from Cost Development Rulemaking
PJM IMM Joe Bowring said the RTO should exclude generators from participating in drafting cost development guidelines that determine their compensation.
PJM, IMM Post Capacity Performance Cost-Benefit Analysis as Members Form Battle Lines
A cost-benefit analysis released by PJM and the IMM says the RTO's proposed Capacity Performance product would cost ratepayers as much as $6 billion over the next four years.

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