PJM Market Implementation Committee (MIC)
Stakeholders unanimously voted to amend PJM's issue charge addressing the calculation of regulation mileage ratio, asking the RTO for more time to discuss.
After several months of debate, PJM stakeholders endorsed an issue charge aimed at addressing compensation for reactive supply and voltage control service.
PJM stakeholders endorsed a proposal to address regulation for virtual combined cycle units, but some were concerned that the work will be too complex.
PJM stakeholders questioned whether proposals addressing compensation for reactive power supply and voltage control service should be delayed.
PJM stakeholders endorsed an issue charge regarding the allocation of capacity transfer rights after delaying the vote last month.
PJM put a vote regarding CTR allocation on hold and discussed capital recovery factors as well as its long-term five-minute dispatch and pricing issue.
Stakeholders at PJM's MIC meeting challenged the use of the “quick fix process” and endorsed a proposed package addressing PRD credits.
PJM's Market Implementation Committee reviewed proposed manual language changes regarding financial transmission rights and UTC uplift.
PJM stakeholders endorsed a proposal from PSEG seeking to create a cost-based calculator to aid in offers made by market sellers.
PJM stakeholders endorsed the RTO’s package on updates to real-time value market rules that call for additional penalties for generation operators.
Want more? Advanced Search