PJM Markets and Reliability Committee (MRC)
PJM TOs flexed their muscles Wednesday, uniting to reject proposals to allow network load customers more frequent opportunities to switch to nodal pricing.
PJM will add new processes for those seeking exemptions from generator operating parameters under changes endorsed by the MIC Wednesday.
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.
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.
PJM would add new processes for generators seeking exemptions from generation parameters under changes presented to the MRC Thursday, August 1, 2013.
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.
The PJM MRC Committee Thursday abandoned a year-long effort to establish a long-term Capacity product.
PJM Members voted Thursday to approve a problem statement to consider modifying the design of the RPM to reduce speculation on the capacity auction.
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.
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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