PJM Markets and Reliability Committee (MRC)
PJM wants a one-time waiver to avoid releasing 2,000 MW of capacity for the 2015/16 delivery year, when the RTO fears it may run short of resources due to retirements of coal-fired generation.
PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap.
PJM announced a fallback plan to incorporate demand response into the capacity market in the event a court ruling limiting the jurisdiction of FERC stands.
PJM filed Tariff revisions in response to an order by FERC requiring it take steps to prevent fleet owners from receiving reactive power payments from retired or sold generators
A summary of measures approved by the PJM Markets and Reliability Committee on Dec. 18, 2014.
PJM officials are seeking to postpone generation retirements — or accelerate planned new generation — to help the RTO ride through potential shortages next winter.
Our summary of the issues scheduled for votes at the PJM MRC on Dec. 18, 2014. Each item is listed by agenda number, description and time of discussion.
PJM IMM Joe Bowring said the RTO should exclude generators from participating in drafting cost development guidelines that determine their compensation.
PJM is planning an effort to identify discrepancies among its governing documents, an initiative prompted by a lawsuit that officials say could have harmed the RTO’s credit rating and increased its insurance costs.
A summary of measures approved by the PJM Markets and Reliability and Members Committees on Nov. 20, 2014.
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