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July 4, 2024

Base Residual Auction (BRA)

PJM Responds to Critics on Capacity Release Filings
PJM says critics of its requests to safeguard capacity for the 2015/16 delivery year ignored the context of its filings with FERC.
Illinois Regulators, IMM Line Up Against IMEA Capacity Waiver Request
The ICC and PJM's Market Monitor told FERC they oppose an IMEA request for a waiver from the rules for May’s Base Residual Auction.
FERC Rejects Challenge on PJM Capacity Import Limit
FERC denied a challenge to PJM’s capacity import limit, rejecting rehearing requests by AMP, the Northern Illinois Municipal Power Agency and IMEA.
PJM Market Implementation Committee Briefs
A round-up of news from the PJM Market Implementation Committeee on Jan. 8, 2015.
Brattle: Missing Energy Efficiency Costing PJM Load $433M Annually
PJM electric consumers are spending $433 million a year in excess capacity because the RTO’s load forecasts fail to fully capture energy efficiency, according to a report by The Brattle Group.
MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 09/18/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
PJM Members, Monitor Skeptical of Capacity Market Overhaul
Market Monitor Joe Bowring and stakeholders representing load expressed doubts last week about PJM’s latest capacity market proposals.
Deadlock on Capacity Parameters
PJM members deadlocked last week on changes to capacity market parameters with none of five proposals winning a supermajority.
MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 08/21/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
Life without Demand Response: Higher Prices but No Reliability Crisis, Says Monitor
PJM capacity prices would increase sharply but reliability would not be threatened if a recent federal court ruling eliminated demand response from wholesale markets, the Market Monitor said.

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