PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.

Here's a summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings Wednesday.

PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.

Load interests continued to oppose PJM’s proposal to change the market seller offer cap, a month after it failed to meet the two-thirds endorsement threshold.

The PJM MRC will vote on rules governing the inclusion of variable environmental charges in cost-based offers and four sets of capacity auction parameters.

PJM members approved a change to the Consensus Based Issue Resolution process and received briefings on options for capacity auction parameters.

PJM's proposal to change its capacity offer cap failed to win stakeholders' blessing, but the RTO may submit it anyway, seeking a FERC OK for its next auction.

Consumer advocates, industrial consumers and municipals asked FERC to force PJM to require incumbent TOs to sign agreements on immediate-need projects.

A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings July 27, 2022.

AEP Ohio told PJM vegetation was a likely cause of the transmission failures that left more than 240,000 customers without power after storms in June.