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July 6, 2024

PJM Markets and Reliability Committee (MRC)

Split Panel Recommends Lifting $1,000 Offer Cap
A PJM task force has recommended lifting the $1,000 cost-based energy offer cap, but the margin suggests the proposal may have a tough time winning approval.
Deadlock on Capacity Parameters
PJM members deadlocked last week on changes to capacity market parameters with none of five proposals winning a supermajority.
PJM Members Split over MRC/MC Meeting Site
Though a bridge to Wilmington has finally reopened, some PJM members want to continue holding MRC and MC meetings at the RTO's Conference and Training Center in Valley Forge.
PJM MRC/MC Briefs
A summary of measures approved by the PJM Markets and Reliability and Members Committees on Aug. 21, 2014.
MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 08/21/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
PJM to Hike Penalties, Incentives to Improve Winter Reliability
PJM will increase performance penalties and incentives and seek ways to incorporate firm gas transportation in energy prices under an initiative announced last week to reduce generator outage rates during winter.
PJM MRC to Consider Settlement Rule Changes
The PJM Markets and Reliability Committee last week heard first reading on proposed deadline changes recommended by the Market Settlement Subcommittee.
PJM Plans Section 206 Filing on FMUs
PJM’s Board of Managers will ask FERC to approve a proposal opposed by generators to reduce payments to frequently mitigated units (FMUs).
PJM MRC Briefs
A summary of measures approved by the PJM Markets and Reliability Committee on July 31, 2014.
MRC Preview
Our summary of the issues scheduled for votes at the PJM MRC on 07/31/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.

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