The document summarizes several recent developments in the power industry:
1) PJM Interconnection announced a 37% increase in payments to power generators, to $164.77/MWh, due to new rules allowing penalties for generators that fail to supply promised power.
2) Regulators in Washington D.C. rejected a proposed $6.8 billion merger between Exelon and Pepco, questioning whether it would benefit the public.
3) Xcel Energy achieved a 20% reduction in carbon emissions since 2005 and is on track for a 30% cut by 2020, becoming the first utility to register a decade of emissions data with The Climate Registry.
4) President Obama announced over $