A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on July 27.
The PJM Capacity Construct Public Policy Senior Task Force has been working hard to develop rule changes in time for next year’s capacity auction.
PJM said that a court ruling remanding a FERC order on the RTO’s minimum offer price rule (MOPR) won’t have any impact until FERC addresses the decision.
MACRUC attendees heard strikingly different prescriptions for how to fix the wholesale energy markets from the CEOs of New Jersey utility PSEG and Dynegy.
The DC Circuit Court of Appeals denied eight challenges to PJM’s Capacity Performance rules, potentially cementing changes to the RTO's capacity market.
PJM published three documents detailing their efforts to integrate public policy and emerging technologies into its markets.
PJM announced at last week’s Markets and Reliability Committee meeting that a scheduled vote on new pseudo-tie provisions would be postponed.
Analysts think the results of the PJM capacity auction yesterday will end efforts to build new generation capacity in the RTO’s territory.
PJM’s first capacity auction requiring year-round availability per its Capacity Performance requirements saw prices drop by one-quarter in most of the RTO.
While PJM and its Independent Market Monitor agree that its markets “work” and are competitive, they disagree on what might make them better.