by Jeff St. John
March 16, 2018

Last week was a busy one for the Federal Energy Regulatory Commission. First, FERC received reports from all of the country’s grid operators, describing their first steps toward meeting the agency’s demand for an examination of the country’s resilience to grid emergencies. 

Among the cautious and exploratory responses, mid-Atlantic grid operator PJM’s report stood out, in asking FERC to consider another of its proposals -- a more controversial energy market price formation reform -- as an integral part of its efforts to keep the grid...