PJM inks deal renewing contract with external market monitor pending commission approval

摘要

PJM Interconnection last week approved a new contractnthat will extend its relationship with its current external marketnmonitor through 2019, although the deal will not be final untilnFERC approves it.nPJM’s board in September said that the grid operator plannednto issue a request for proposals for an independent market monitornwhen Monitoring Analytics’s contract expires July 31, 2014.nBut states, municipal utilities and the market monitor pushednback against the decision, arguing that PJM should renew itsnagreement with Monitoring Analytics.