Demand Response
PJM may seek to lower the price cap on emergency demand response as a result of their review of the July 14-19 heat wave.
The PJM Market Monitor's mid-year report detailed rebounding energy prices and coal generation in the first half of 2013 as natural gas costs increased from record lows.
Below are the new market monitor recommendations included in the PJM Market Monitor’s State of the Market report for the first half of 2013.
PJM briefed members Wednesday on manual changes documenting two improved methods for CBL, a means for better verifying dr baseline processes.
PJM TOs flexed their muscles Wednesday, uniting to reject proposals to allow network load customers more frequent opportunities to switch to nodal pricing.
An overworked transformer and PJM operators’ efforts to limit prices were the focus last week as PJM continued to discuss the mid-July heat wave.
PJM Members Wednesday heard three proposals for streamlining the time consuming and error prone dr registration process.
PJM Members voted Thursday to approve a problem statement to consider modifying the design of the RPM to reduce speculation on the capacity auction.
Unexpected imports from New York — not the mobilization of demand response — caused the heat wave price crash July 18 after spiking to $465/MWh amid the hottest day of the summer.
The Markets and Reliability Committee approved changes to pjm manuals 1, 12, 19, and 20 on Thursday, August 1, 2013. For details, see our story.
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