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November 24, 2024

capacity import limits (CILs)

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.
Major Rule Changes Reduced Imports, DR
PJM rule changes since last year’s auction resulted in reductions in cleared generation imports and demand response. The mix of DR that cleared also changed, with more annual resources and less summer-only.
Capacity Prices Jump Following Rule Changes
The 2017/2018 capacity auction cleared at $120/MW-day in most of PJM as restrictions on demand response and imports doubled prices in Virginia, West Virginia, North Carolina and much of Ohio. Prices were essentially flat in the East.
Capacity Prices Double in Western PJM, Flat in East
The 2017/2018 capacity auction cleared at $120/MW-day in most of PJM as restrictions on demand response and imports doubled prices in Virginia, West Virginia, North Carolina and much of Ohio. Prices were essentially flat in the East.
PJM Consolidating Rules for Dynamic Transfers
PJM is consolidating its rules for establishing dynamic transfers, which allow resources in one balancing authority to be operated as if they were in another BA region.
Manual Changes OKd
The PJM MRC endorsed manual changes to implement proposed capacity import limits and clarify rules on substitution of demand response resources.
FERC Demands More Data on Import Cap
FERC ordered PJM to provide more information in support of its proposed limits on capacity imports, as opponents said the proposal would unreasonably increase prices.
MRC Preview
Our summary of the issues scheduled for votes at the PJM MRC on 01/30/14. 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.
Import Limit Manual Changes Clear Planning Committee
The Planning Committee last week endorsed manual changes implementing PJM’s new capacity import limits.
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MISO to PJM: We Need Capacity
MISO officials signaled their opposition to PJM’s new limits on imports, saying they'll be capacity buyers in the near term as they face a shortfall as early as 2016.

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