FERC wants PJM’s capacity rules to be resolved by Jan. 4 and has dispatched staff to help the RTO and its stakeholders adhere to that timeline.
PJM stakeholders at the MRC and MC unanimously endorsed proposed revisions for seasonal aggregation.
PJM ordered its second load shed event since implementing Capacity Performance in 2015 less than two months after ordering the first.
Fernandez told the PJM MIC that his staff are still completing calculations for retroactively reallocating costs for certain transmission projects.
PJM has altered one of its recommended revisions to its capacity auction demand curve in response to stakeholder pressures.
Panels at the MACRUC annual summer education session focused on nuclear subsidies and the impact of state policy initiatives on power markets.
The Markets and Reliability Committee approved PJM’s proposed revisions to adjust the methodology for developing the capacity model for winter peak weeks.
FirstEnergy Solutions says ISO-NE’s request to prop up Exelon’s Mystic plant shows why FERC should take emergency action to bail out coal and nuclear.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on June 21, 2018.
This graph from PJM shows how much of an impact on the load forecast in different transmission zone varying percentages of peak shaving would have.
PJM hopes to reduce its capacity market demand curve by including peak shaving among the variables used to develop its load forecast.