PJM Market Monitor Joe Bowring said that the RTO must include strong market-power protections in rules allowing generators to change their offers hourly.

FERC approved PJM's Capacity Performance proposal, a dramatic restructuring of the RTO's capacity market.

PPL’s plan to spin off its generation into Talen Energy needs additional mitigation to address local market power concerns, PJM’s market monitor told FERC.

Power sellers in PJM will no longer have to submit market power screens under proposed changes to FERC's market-based rate (MBR) regulations.

Load representatives concerned by reports of generators’ bidding strategies in May’s PJM capacity auction reacted by threatening to block an initiative by Exelon Corp. to provide more informative supply curves.