Lacking consensus, PJM dropped plans for a vote on measures to prevent speculation in the capacity auctions, returning the issue to a lower committee.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 11/21/13. 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.

Stakeholders began work last week on an initiative to create more accurate capacity market price curves and a recommendation by the Market Monitor to eliminate adders for FMUs.

PJM will reduce the volume of imports that clear in next year’s Base Residual Auction – potentially increasing capacity prices – under methodology approved by the Planning Committee yesterday.

Maryland and CPV officials aren’t saying what their next move is in the wake of a federal court ruling that voided the state’s contract with developers of a 725 MW combined cycle plant in St. Charles.

PJM opened its annual capacity auction yesterday, with bids and offers accepted through Friday, May 17. Results of the Reliability Pricing Model auction, whi...