Months past the deadline requested by PJM’s Board of Managers, details of potential changes to the RTO’s energy market remain anyone’s guess.
The PJM Monitor remains unconvinced that performance metrics during localized load sheds should be used to calculate capacity market default offer caps.
PJM outlined its requirements for accepting the Independent Market Monitor's opportunity cost calculator, a bid to end a dispute that has upset generators.
Bob O’Connell of Panda Power Funds introduced a proposal that would require PJM to accept opportunity cost adders calculated by the IMM.
PJM stakeholders at the MRC and MC unanimously endorsed proposed revisions for seasonal aggregation.
PJM stakeholders at the Markets and Reliability Committee meeting endorsed the second phase of an initiative with MISO to address overlapping congestion.
While structural issues persist, PJM's markets were competitive in 2017, the RTO's Market Monitor said Thursday contradicting concerns from PJM and some stakeholders that prices are unsustainably low.
Stakeholders at the Markets and Reliability Committee meeting declined to endorse any proposals to revise PJM’s capacity model.
PJM’s long-awaited capacity construct redesign will have to wait at least another month for endorsement by the Markets and Reliability Committee.
PJM’s Independent Market Monitor faced a barrage of questions at the final stakeholder evaluation of its MOPR-Ex capacity market proposal.