PJM has backed off its suggestions that FERC revisit Order 719 and the relationship between RTOs and their Market Monitors.

A battle over the future of the financial transmission rights market looms for PJM as stakeholders dig into the causes behind the GreenHat Energy default.

Independent Market Monitor Joe Bowring said PJM’s proposed revisions to how it prices reserves necessitates changes in the capacity market.

Tension between PJM and certain states has not loosened, judging by comments made at a forum held by the Great Plains Institute and the Nicholas Institute.

Months past the deadline requested by PJM’s Board of Managers, details of potential changes to the RTO’s energy market remain anyone’s guess.

The PJM Monitor remains unconvinced that performance metrics during localized load sheds should be used to calculate capacity market default offer caps.

PJM outlined its requirements for accepting the Independent Market Monitor's opportunity cost calculator, a bid to end a dispute that has upset generators.

Bob O’Connell of Panda Power Funds introduced a proposal that would require PJM to accept opportunity cost adders calculated by the IMM.

In his quarterly state of the market report, the PJM IMM said the results of the 2018 Base Residual Auction show the need to change its capacity offer cap.

PJM stakeholders at the MRC and MC unanimously endorsed proposed revisions for seasonal aggregation.