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July 23, 2024

fixed resource requirement (FRR)

PJM Market Implementation Committee Briefs
A roundup of news from the PJM Market Implementation Committee on Aug. 12, 2015.
PJM Delays Vote on Capacity Performance Rules
PJM on Thursday delayed a vote on manual changes for the Capacity Performance plan, sidestepping a potential confrontation with anxious stakeholders.
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 Denies IMEA Request for Extended Waiver on Capacity Obligation
FERC rejected a request from IMEA for an extended waiver that would allow it to use capacity resources outside of the ComEd LDA to meet its internal resource requirement in serving its load.
Increased FMU Costs Lend Urgency to Fix
PJM's payments to frequently mitigated units jumped significantly over the winter, lending urgency to efforts to reduce “adder” payments.

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