PJM members deadlocked last week on changes to capacity market parameters with none of five proposals winning a supermajority.

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.

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.

PJM proposed changing the demand curve to be used in the 2015 Base Residual Auction, while recommending the RTO continue using a combustion turbine as the model for determining the Cost of New Entry (CONE).

PJM and the IMM have reached agreement on a way to reduce the number of Frequently Mitigated Units eligible for “adders” but their proposal faces heavy opposition from generation owners.

PJM officials told members last week they want to accelerate the schedule of the quadrennial review of the Cost of New Entry (CONE) by two months.

FERC was within its rights to approve PJM’s controversial capacity market MOPR rule changes in 2011, a federal appeals court ruled.

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.

Six years after RPM’s inception,FERC convened a technical conference last week to ask the question: How’s the capacity market working for you?

The PJM MRC approved agenda items 2, 4 and 5 unanimously Thursday, August 29, 2013. See story for issue, reason for changes, and impact.