Joe Bowring
PJM backtracked on posting “indicative” results of the 2024/25 capacity auction in the face of stakeholder opposition.
PJM said it will ask FERC to modify the rules of its 2024/25 capacity auction to avoid artificially high prices in one region of the RTO.
A new study projects that the Inflation Reduction Act will reduce PJM’s carbon emissions while delivering more affordable power.
The IMM offered limited support for major provisions in PJM’s quadrennial review filing before FERC while urging the agency seek revisions to some proposals.
PJM Independent Market Monitor Joe Bowring criticized inquiries into the budget of his firm, Monitoring Analytics, and the scope of its contract with the RTO.
PJM and its Monitor sparred at two different committee meetings as they tried to win stakeholder support for their proposals on black start resources.
PJM energy prices last year surged to their highest levels since 2014, more than making up for declines from the pandemic-driven economic downturn in 2020.
The early impacts of PJM’s first capacity auction in three years began to emerge Thursday as Exelon reiterated plans to retire two of its nuclear plants.
PJM must consider generator operating lives of more than 20 years under the unit-specific review process, FERC ruled just before the RTO's capacity auction.
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
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