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July 7, 2024

PJM Markets and Reliability Committee (MRC)

TOs Flex Muscles, Reject Retailer’s Nodal Pricing Bid
PJM TOs flexed their muscles Wednesday, uniting to reject proposals to allow network load customers more frequent opportunities to switch to nodal pricing.
MIC OKs New Process for Exceptions to Generator Parameters
PJM will add new processes for those seeking exemptions from generator operating parameters under changes endorsed by the MIC Wednesday.
New Rules for Wind Lost Opportunity Costs
PJM's MRC approved a tariff amendment so that Wind farms that fail to follow PJM’s electronic dispatch signals will no longer receive lost opportunity cost payments.
Manual Changes: 1, 12, 19, 20
The Markets and Reliability Committee approved changes to pjm manuals 1, 12, 19, and 20 on Thursday, August 1, 2013. For details, see our story.
New Process for Exceptions to Generator Parameters
PJM would add new processes for generators seeking exemptions from generation parameters under changes presented to the MRC Thursday, August 1, 2013.
Earlier Deadline for Plant Retirement Notices Approved
A modified proposal to set earlier deadlines for power plants seeking exemptions from participation in PJM’s capacity market auctions won approval from the MRC and MC on 8/1/13.
PJM Abandons Long-term Capacity Effort
The PJM MRC Committee Thursday abandoned a year-long effort to establish a long-term Capacity product.
PJM Seeks to Curb Capacity Auction Speculation
PJM Members voted Thursday to approve a problem statement to consider modifying the design of the RPM to reduce speculation on the capacity auction.
Imports, Not DR, Caused Heat Wave Price Crash
Unexpected imports from New York — not the mobilization of demand response — caused the heat wave price crash July 18 after spiking to $465/MWh amid the hottest day of the summer.
MRC First Read on Proposed Manual Changes
The MRC heard first readings on two proposed manual changes. The changes were to manual 14B and 28. Read our story for details.

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