PJM Members Committee (MC)
PJM's MRC will consider endorsement of manual revisions to conform to NERC TPL standards, followed by the MC weighing approval of creating a cost recovery structure for upgrades necessary for a generator designated as critical under NERC's CIP standards.
PJM stakeholders endorsed a proposal to create a cost recovery mechanism for generators which are required to make facility upgrades.
The PJM Markets and Reliability Committee and Members Committee will meet Thursday to discuss the Tariff, supply curves and cost recovery.
The PJM Markets and Reliability Committee voted to reject manual changes on the synchronized reserve requirement.
The PJM Markets and Reliability Committee and Members Committee have a list of items to consider at their meetings Wednesday.
PJM's Board of Managers rejected a proposal to lower nonperformance penalties, while AMP was displeased the board responded to reliability claims.
The PJM Members Committee approved a proposal that would sharply reduce the penalties generators pay for underperforming during emergency conditions.
PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.
A summary of the agenda items scheduled to be brought to a vote at the special PJM Members Committee meeting.
PJM presented a draft proposal to delay the next four Base Residual Auctions to the Members Committee during a special meeting.
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