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December 4, 2024

PJM Market Implementation Committee (MIC)

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PJM MIC Briefs: Oct. 4, 2023
The PJM Market Implementation Committee endorsed the creation of a fifth cost of new entry area for the Commonwealth Edison zone, as well as two proposals aiming to limit the prospective performance impact of implementing multi-schedule modeling in the market clearing engine.
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PJM MIC Briefs: Sept 6, 2023
Voltus withdrew a demand response resource issue charge, while AEP and Dominion proposed a  capacity obligation issue charge.
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PJM MIC Briefs: Aug. 9, 2023
PJM's Market Implementation Committee endorsed one of several packages to create new rules for generators with co-located load and rejected four proposals revising how generators providing reactive power service are compensated.
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PJM MIC Briefs: July 12, 2023
PJM's Market Implementation Committee discussed potential changes to reactive power compensation and the progress of developing new market clearing engine software.
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PJM MIC Briefs: June 7, 2023
The MIC voted against endorsing a proposal to expand the scope of the Reactive Power Compensation Task Force to include discussion of existing service rates.
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PJM MIC Briefs: May 10, 2023
PJM proposed creation of a new cost of new entry area for the ComEd zone during discussions about how to account for local factors in calculating net CONE.
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PJM MIC Briefs: April. 12, 2023
The PJM Market Implementation Committee overwhelmingly voted to endorse manual revisions to put limits on when generators can submit real-time values.
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PJM: Elliott Nonperformance Penalties Total More Than $1.8B
PJM has assessed more than $1.8 billion in performance penalties on generators that underperformed during the December 2022 winter storm, the RTO said.
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PJM MIC Briefs: March 8, 2023
The PJM MIC endorsed a problem statement and issue charge to explore multi-schedule modeling of combined cycle generators in the market clearing engine.
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PJM Stakeholders Debate Capacity Auction Delays
PJM stakeholders appeared split over proposals to delay the RTO’s capacity auctions to include market rule changes being considered by the Board of Managers.

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