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July 7, 2024

PJM Markets and Reliability Committee (MRC)

PJM Delays Action on CFTC Order
PJM Thursday postponed a vote on changes needed to comply with the Commodity Futures Trading Commission order exempting most PJM market participants from CFT...
MRC Expands Black Start Study
Citing reliability concerns, the Markets and Reliability Committee agreed Thursday to expand the scope of a task force exploring compensation and incentives ...
Back to the Drawing Board on FTR Forfeitures for Incs, Decs
PJM and its Market Monitor still don’t agree on how the Financial Transmission Rights forfeiture rule should be applied. But they have at least reached conse...
MRC Defines UTCs; Adds Bid Limit and FTR Forfeiture Rule
Up-to congestion transactions were in the spotlight Thursday as the Markets and Reliability Committee: Approved a definition of UTCs and a limit on trading...
PJM Proposes Operating Reserve Changes to Cut Uplift
PJM called Thursday for a broad review of its method of providing Operating Reserve payments, saying changes were needed to reduce growing uplift costs. Ope...
PJM Working on New Deal with Monitor
WILMINGTON  (April 25, 2013) – PJM announced today it is negotiating a new contract with its independent market monitor, Monitoring Analytics LLC, dropping p...
MRC Preview: Black Start Compensation; DR “Fatigue;” UTCs; CFTC Response on Agenda
Below is a summary of the issues scheduled to be brought to a vote at Thursday’s Markets and Reliability Committee meeting. Each item is listed by agenda num...
New Modeling OK’d for Combined Cycle Plants
PJM will change the way it models combined cycle generators in its least cost dispatch. The Operating Committee voted overwhelmingly last week to switch to ...
MC/MRC Final Approval: ARR Modeling Revised
The Markets and Reliability and Members Committees approved modeling changes for the annual Auction Revenue Rights (ARR) allocation to reflect the return of ...
MRC Action: Peak Load Contribution Review
The Markets and Reliability Committee approved a request from the Capacity Senior Task Force for clarification regarding its issue charge on Peak Load Contri...

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