PJM Market Implementation Committee (MIC)
After months of debate, PJM’s Manual 15 revisions on fuel-cost policies and hourly offers won the approval of the Market Implementation Committee.
After months of debate on proposed definitions for operating parameters, PJM and the Independent Market Monitor rankled some Market Implementation Committee members last week by introducing an unexpected, last-minute compromise package.
PJM will try again next month to gain stakeholder approval for codifying several generator operating parameters after a Market Implementation Committee discussion led to last-minute changes.
Stakeholders continue to react coolly to PJM's proposed rules for generator fuel-cost policies, saying they are more punitive than incentivizing.
The PJM Market Implementation Committee discussed rules for releasing excess capacity, a plan to “un-nest” operating parameters and spot-in transmission from NYISO.
PJM is using a three-pronged approach to prepare for next year’s termination of the Con Ed-PSEG wheel.
The PJM Market Implementation Committee endorsed changes to Manual 18 clarifying rights and responsibilities under auction-specific bilateral transactions.
The PJM Market Implementation Committee will hold a special meeting June 29 to continue discussion about the process for approving fuel cost policies and redefining terms.
The PJM Market Implementation Committee will consider changes to rules governing day-ahead scheduling reserve eligibility.
The PJM Market Implementation Committee discussed the earlier day-ahead offer deadline and the new way to measure emergency DR.
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