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July 23, 2024

PJM Market Implementation Committee (MIC)

Emergency Demand Response Performance: 85%+
Emergency demand response produced 85% to 97% of promised reductions during the July heat wave.
Imports May Clear Lower with Transmission Limits
Capacity imports could clear at lower prices than internal resources under proposed import limits being considered by PJM.
Notification, Startup Rules to Take Effect Sept. 26
Generator start and notification rules will be implemented in eMKT beginning Sept. 26, PJM told the Market Implementation Committee last week.
SPS Removals in PPL, Dominion
The PJM MIC was provided details on the removal of three special protection schemes (SPS) from the PPL and Dominion zones. See the article for details.
Manual Changes OKd
The Operating Committee and Market Implementation Committee endorsed manual changes to Manuals 12 and 27. See article for details.
Simplified Demand Response Registration OKd
PJM members approved streamlining the demand response registration process.
New NYISO Product OKd
The MIC gave preliminary approval to a new coordinated transaction scheduling (cts) product intended to reduce uneconomic power flows between PJM and NYISO.
Load Forecasts Added for Mid-Atlantic Zones
PJM has added more granularity for the Mid-Atlantic area in its load forecasting file. See story for details.
MIC Postpones Vote on NYISO Scheduling Product
RTO Insider: PJM Members hit the brakes Wednesday on a proposed new product for coordinated transaction scheduling trades between PJM and the New York ISO.
TOs Flex Muscles, Reject Retailer’s Nodal Pricing Bid
PJM TOs flexed their muscles Wednesday, uniting to reject proposals to allow network load customers more frequent opportunities to switch to nodal pricing.

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