PJM Markets and Reliability Committee (MRC)
Businesses with up to 100 kW in annual peak demand will be exempt from the new 30-minute notice rule for DR providers.
Stakeholders approved a revised Zonal Base Load definition to ensure that zones don’t lose Auction Revenue Rights due to extreme weather.
The Market Monitor said members should reject proposals to change the way capacity supply curves are represented, saying they would expose confidential data.
A joint proposal from PJM and the Independent Market Monitor to reduce payments to frequently mitigated units (FMUs) rose from the ashes to best three generator-backed proposals last week.
Members last week agreed to create a senior task force to fix the underfunding of Financial Transmission Rights (FTRs) following a debate over the role of Auction Revenue Rights.
“Clean” energy portfolio standards may be a way for states to provide financial support for ailing nuclear plants, FERC officials told the NRC last week.
PJM told FERC last week it should allow a Duke Energy peaking plant to recover $9.8 million it spent on expensive natural gas it was unable to burn in January.
Our summary of the issues scheduled for votes at the PJM MRC on 05/29/14. 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 members approved rule changes to reduce “adder” payments to frequently mitigated generation units (FMUs), after rejecting a joint proposal from the RTO and the Market Monitor.
PJM's payments to frequently mitigated units jumped significantly over the winter, lending urgency to efforts to reduce “adder” payments.
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