PJM's Operating Committee recommended high winter weekly reserve target values due to the inclusion of data from December 2022’s Winter Storm Elliott.

FERC Chair Willie Phillips and NERC CEO James Robb wrote in joint comments that they have "serious concerns" about Everett's retirement.

Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.

The Energy Bar Association's Mid-Year Forum illustrated greater collaboration between than the electric and natural gas industries than normal.

PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.

Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.

FERC approved PJM's proposal to tighten the triggers initiating a performance assessment interval.

PJM showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.

PJM released a report on the December 2022 winter storm detailing its emergency actions and recommended changes to its markets and operations to limit the impact of future severe weather.

Kentucky regulators rejected Kentucky Power's request to recoup fuel costs incurred during the December 2022 winter storm while raising the prospect of penalties.