FERC explained why it would not reconsider revenue calculations in PJM’s capacity market, saying it did want to further delay the RTO's upcoming auction.

The D.C. Circuit upheld FERC’s ruling that directed PJM to implement a new cost allocation method for transmission projects addressing stability issues.

PSEG used the company’s earnings call to lobby for increased nuclear subsidies and said it expects to sell its non-nuclear generation by the end of 2021.

PJM stakeholders endorsed a proposal from PSEG seeking to create a cost-based calculator to aid in offers made by market sellers.

Panelists during Greentech Media’s annual Power and Renewables Summit discussed what would help ensure resource adequacy in the Northeast.

PSEG is putting its solar and fossil fuel generation on the block as it seeks to transform into a primarily regulated electric and gas utility.

PSEG CEO Ralph Izzo said it would be “logical” for New Jersey to abandon the PJM capacity market by adopting the fixed resource requirement option.

PSEG CEO Ralph Izzo expressed skepticism that New Jersey utilities will abandon the PJM capacity market over the expanded minimum offer price rule.

In a trio of orders, FERC again rejected challenges to PJM’s transmission cost allocation methods in a long-running dispute in New Jersey.

FERC rejected a request to rehear its ruling approving changes to the PJM-NYISO joint operating agreement reflecting a new operational plan for interfaces between New York and New Jersey.