PJM’s Monitor said recently approved maintenance adders to the synchronized reserve calculation allow resources to increase offers above competitive levels.

PJM won’t run a capacity auction until FERC approves the RTO’s compliance filing implementing the expansion of its MOPR, making it unlikely for this year.

PJM's Market Implementation Committee endorsed fuel-cost policy packages that would consider impacts of breaking the rules and adjust penalties accordingly.

The PJM Market Implementation Committee endorsed Manual 18 revisions that implement the new must-offer exception process approved by FERC last month.

PJM’s concerns over FTR underfunding on projects with incremental auction revenue rights won’t be addressed through any Operating Agreement revisions.

After a one-month delay, the PJM Market Implementation Committee endorsed two packages to update the RTO’s opportunity cost calculator.

The MIC endorsed a PJM proposal to make Demand Response performance testing more realistic, resisting calls to stay close to the status quo.

PJM told their MIC that they anticipate submitting to FERC a settlement with its members on Oct. 9 over GreenHat Energy’s massive default.

PJM told the MIC it will not file waivers for upcoming capacity auction deadlines and will rely on FERC to issue an order on its MOPR.

Interim PJM CEO Susan J. Riley opened the Market Implementation Committee meeting with an optimistic message about moving the organization forward.