The Members Committee overwhelmingly agreed last week to fund a $450,000 budget for the Consumer Advocates of the PJM States (CAPS), in part through an assessment on electric customers.

Talen Energy announced the sale of three Pennsylvania power plants for $1.51 billion to help satisfy regulators’ demands to divest assets in PJM.

Talen Energy asked FERC to allow it to sell four generators totaling 1,351 MW in eastern PJM to satisfy divesture conditions the commission set.

PJM generators — such as Exelon, Dynegy, NRG and PSEG — will earn $10.9 billion from this year’s capacity auction in the first test of the RTO’s new Capacity Performance requirements.

Talen Energy released its first earnings report as an independent company last week, reporting net income $26 million for the second quarter of 2015.

Talen Energy announced its first post-spinoff acquisition that expands the company’s presence in ISO-NE and marks its entry into NYISO.

PPL will file a base distribution rate case this year for its Pennsylvania business, CEO Bill Spence said during the company’s fourth-quarter earnings call.

Dynegy has reached a settlement with PJM’s Market Monitor to alleviate market power concerns over its purchase of 12,400 MW of generation from Duke and ECP.

PPL and Riverstone have agreed to satisfy market power concerns over the spinoff of their generation into Talen Energy by making only cost-based offers for the more than 650 MW that they will keep in eastern PJM.

Duke Energy and Exelon should be among the companies barred from acquiring any generation divested by PPL as part of its Talen Energy spinoff, the IMM told FERC.