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July 23, 2024

PJM Market Implementation Committee (MIC)

MIC OKs UTC Credit Requirement
The Market Implementation Committee endorsed a first-ever credit requirement for up-to-congestion transactions. The new rule, a consensus resulting from 12 C...
PJM Outlines ‘Crisper’ Approach to Stakeholder Initiatives
PJM last week announced a two-step process for defining new initiatives and tools prioritizing its growing stakeholder workload. The Market Implementation C...
Back to the Drawing Board on FTR Forfeitures for Incs, Decs
PJM and its Market Monitor still don’t agree on how the Financial Transmission Rights forfeiture rule should be applied. But they have at least reached conse...
PJM to Alter Practice on Billing Transfers
In response to recent bankruptcy court rulings, PJM will no longer incorporate billing line item transfers when calculating member credit requirements, RTO o...
Demand Response Calls Expected to Grow in 2014
PJM expects to call on its demand response resources from five to nine times per year starting in the 2014/15 delivery year, up from an expected one to five ...
MIC to Probe ‘Sham Scheduling’
The Market Implementation Committee approved a request by Market Monitor Joseph Bowring to investigate whether traders could be manipulating PJM’s interface ...
PJM Reconsiders Adders on Cost-Capped Generators
PJM will evaluate whether it’s time to end extra compensation for generators that frequently run on cost-based offers under market power mitigation rules. T...
Manual Changes to Implement Electronic Notification System
The Market Implementation Committee approved changes to Manuals 1 and 18 Wednesday to implement an automated process that will allow Curtailment Service Prov...
PJM, Monitor in Stalemate on FTR Forfeiture Rule
WILMINGTON (April 2, 2013) — PJM officials were left scratching their heads Thursday after stakeholders rejected the RTO’s tariff changes for determining whe...
Stakeholders Back PJM on FTR Forfeiture Rules
The Market Implementation Committee voted overwhelmingly March 6 to endorse PJM’s proposals for applying forfeiture rules to virtual transactions, rejecting ...

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