After a record-breaking winter in which it narrowly avoided load shedding, PJM says it is confident it can keep air conditioners running this summer. But forward prices suggests costs may be higher than last year.

PJM is proposing a MISO scheduling product similar to the PJM-NYISO CTS solution that has conditional FERC approval to facilitate interchange optimization.

A look at how MISO and the Northeast RTOs are planning to cope with winter 2014-15.

PJM wasn’t the only place the winter 2013-14 made its mark in the record books. MISO, the Southwest Power Pool and NYISO all hit all-time winter peaks during January’s polar vortex, while ISO New England came up just short.

PJM members endorsed updates to PJM’s Regional Transmission and Energy Practices in support of the RTO’s new ExSchedule application.

The scheduling tool that would be used to optimize power trading between PJM and NYISO is accurate within $5/MWh more than two-thirds of the time, according to a new analysis provided to members last week.

Preparing for a new scheduling product, the PJM Markets and Reliability Committee last week approved collateral rules for export transactions.

FERC approved a new scheduling product to reduce uneconomic power flows between PJM and NYISO, clearing the way for its implementation later this year.

High-cost gas-fired generators will be able to set PJM market clearing prices above $1,000/MWh for the remainder of the winter, the Federal Energy Regulatory Commission ruled.

Load serving entities in PJM are starting to calculate how much their bills are going to increase for a frigid January, and they aren’t happy about it.