minimum offer price rule (MOPR)
Transmission owners asked PJM to convene a meeting with stakeholders and produce a schedule that allows for time between FERC’s decision and the next BRAs.
The results of ISO-NE’s Forward Capacity Auction 13 became effective “by operation of law” because FERC was unable to muster a quorum.
As PJM stakeholders anxiously await FERC’s ruling on expanding the MOPR, a new analysis says the policy could signifigantly increase capacity market prices
FERC may be unable to issue a ruling on PJM's capacity market rules before December, further complicating matters for the RTO and market participants.
PJM told the MIC it will not file waivers for upcoming capacity auction deadlines and will rely on FERC to issue an order on its MOPR.
PJM’s markets remain “under attack” from those concerned about the retirements of unprofitable legacy generators, the Monitor said.
Exelon officials told investors that Illinois’ transition toward 100% carbon-free power can’t succeed without PJM market reforms.
FERC halted PJM’s plan to run its capacity auction next month hours after the MRC reaffirmed the RTO’s decision to move forward as planned.
FERC’s chair appointed a new chief of staff and opined on PJM’s complex capacity rules, while lame-duck Commissioner LaFleur is not leaving just yet.
PJM will move forward with its August capacity auction under current market rules, unless FERC says otherwise, CEO Andy Ott told stakeholders.
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