PJM and its Independent Market Monitor remain at odds over whether price-based offer updates should be connected to cost-based offers.
PJM stakeholders debated how cost caps in competitive transmission bids should be weighed when they're considered for selection.
Stakeholders appear to be eyeing the finish line of PJM’s yearlong effort to consider reforming its capacity construct.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee on Aug. 24.
U.S. grid operators, the ISOs and RTOs across the country, were well prepared for the first continent-wide total solar eclipse in nearly a century.
After nearly a year of discussion on potential changes to PJM’s capacity model, stakeholders are determining what components a new construct should have.
PJM told stakeholders at the Operating Committee meeting that late-day storms in the RTO in July resulted in overestimated load forecasting last month.
PJM staff have completed analysis of Reliability Pricing Model projects and are nearly finished examining interregional projects.
PJM stakeholders pressed the RTO to find common ground regarding several changes to Manual 11 in preparation for implementing intraday offers.
Proposals for reforming PJM's capacity markets were presented and explained at a two-day meeting of the Capacity Construct/Public Policy Senior Task Force.