PJM Markets and Reliability Committee (MRC)
The following PJM manual changes were endorsed by the Markets and Reliability Committee on Nov. 21.
The Markets and Reliability Committee approved the sunset of the Regulation Performance Senior Task Force, which has completed all of the tasks in its charte...
The Market Implementation Committee will consider changes to PJM’s real-time pricing mechanism, which RTO officials say is depressing energy and reserve prices.
Lacking consensus, PJM dropped plans for a vote on measures to prevent speculation in the capacity auctions, returning the issue to a lower committee.
PJM may seek FERC approval for a plan to change the way demand response clears in capacity auctions despite stakeholders’ rejection of the plan.
The PJM Board of Managers may seek FERC approval for a staff proposal to change the way demand response clears in capacity auctions despite stakeholders’ rejection of the plan.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 11/21/13. 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.
Members overwhelmingly approved revised methodology that will limit external generation resources in next year's base capacity auction to 6,200 MW - a 17% drop from the volume of that cleared in May's auction.
Members approved PJM’s methodology for limiting capacity imports but soundly rejected the RTO’s proposal to change the way DR clears in the capacity market.
RTO Insider's summary of the issues scheduled to be brought before a special meeting of the Markets and Reliability Committees (MRC) Thursday, November 14, 2013.
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