Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.

PJM has requested that Talen Energy continue operating a portion of its H.A. Wagner Generating Station an additional three years beyond its requested 2025 deactivation date.

PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.

PJM's Markets and Reliability Committee deferred voting on an issue charge to create a new senior task force focused on compensation for reliability-must-run contracts and the timing of deactivation notices.

The OC endorsed a joint proposal for PJM, transmission owners and market participants to increase information sharing ahead of extended transmission outages.

ISO-NE gave the Participants Committee a review of the past winter and a preview of the next — with and without the Everett LNG terminal.

PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.

Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.

New capacity being installed on PJM’s grid may not keep pace with rate of retirements and accelerating load growth, according to a pending PJM whitepaper.

The fate of the LNG import terminal in Everett, Mass., has come into increasingly sharp focus in the last few months.