PJM’s Markets and Reliability Committee and Members Committee endorsed a proposal to change the RTO’s accreditation methodology for intermittent resources.

The MRC discussed the market seller offer cap and capacity performance quantifiable risk at the behest of stakeholders concerned about current constructs.

PJM’s Brian Chmielewski will review a proposal addressing capacity interconnection rights for effective load-carrying capability resources.

PJM's Planning Committee endorsed a proposed solution for capacity accreditation of intermittent resources under the effective load-carrying capability process.

PJM's MRC rejected two proposals that would have created a “circuit breaker” mechanism to limit prices during extended periods of high prices.

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

The PJM Markets and Reliability Committee endorsed an RTO-sponsored package to standardize variable operations and maintenance costs.

PJM CEO Manu Asthana said 40 GW in planned retirements and lagging construction of new generation is raising questions about long-term grid reliability.

PJM CEO Manu Asthana will deliver opening remarks to the MRC, followed by a presentation on diversity, equity and inclusion by chief DEI officer Michael Coyle.

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.