Joe Bowring
While structural issues persist, PJM's markets were competitive in 2017, the RTO's Market Monitor said Thursday contradicting concerns from PJM and some stakeholders that prices are unsustainably low.
Stakeholders denied four proposals to revise PJM’s rules on evaluating designated market paths for energy sales coming into the RTO.
Stakeholders at the Markets and Reliability Committee meeting declined to endorse any proposals to revise PJM’s capacity model.
PJM’s long-awaited capacity construct redesign will have to wait at least another month for endorsement by the Markets and Reliability Committee.
PJM’s Independent Market Monitor faced a barrage of questions at the final stakeholder evaluation of its MOPR-Ex capacity market proposal.
PJM stakeholders endorsed examining the aggregation rules for seasonal demand response, but not before thoroughly questioning EnerNOC.
PSEG CEO Ralph Izzo asked New Jersey legislators to approve subsidies for the company’s three in-state nuclear power plants.
The Market Monitors for CAISO and PJM told a House subcommittee that their respective financial transmission rights markets are significantly flawed.
PJM stakeholders discussed a myriad of topics and challenges facing the markets at last week’s Mid-Atlantic Power Market Summit hosted by Infocast.
RTO officials and their Market Monitors unilaterally rejected Energy Secretary Rick Perry’s proposal to provide price supports to coal and nuclear plants.
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