PJM urges FERC to toss Mon Power $145M storm loss claim — SkimNews
Get the Energy newsletter
Daily energy & climate — solar, EVs, oil, the policy fights and tech bets shaping the transition. Free.
- PJM Interconnection urged the Federal Energy Regulatory Commission to dismiss Monongahela Power’s complaint, calling it a 'fishing expedition without substance' over $145 million in losses from Winter Storm Fern.
- Monongahela Power filed a complaint on October 6 asking FERC to investigate whether PJM misused its advance-scheduling authority, leading to disproportionate costs during Winter Storm Fern in January and February.
- PJM scheduled over 50,000 MW of gas-fired generation daily from January 26 to 31, a shift from normal market practices that Mon Power argues suppressed dispatch of its cheaper coal units.
- Independent power producer groups opposed Mon Power’s request, warning that retroactively resettle market outcomes would violate market finality and undermine investment certainty across the PJM region.
- Vistra told FERC that PJM’s advance scheduling of gas plants distorted markets and raised costs but still opposed Mon Power’s call for retroactive relief, citing reliability risks.
- The Public Service Commission of West Virginia and the West Virginia Attorney General’s Office urged FERC to accept the complaint and investigate PJM’s actions during the storm, citing risks for future winter events.
Why it matters: Mon Power faces a historic $145 million loss it wants ratepayers to avoid, while PJM and generators warn that overturning market settlements would destabilize investment and emergency response incentives across the region’s grid. The outcome could redefine how grid operators manage extreme weather under existing rules.
Ask SkimNews
