fixed resource requirement (FRR)
A roundup of news from the PJM Market Implementation Committee on Aug. 12, 2015.
PJM on Thursday delayed a vote on manual changes for the Capacity Performance plan, sidestepping a potential confrontation with anxious stakeholders.
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 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.
PJM's payments to frequently mitigated units jumped significantly over the winter, lending urgency to efforts to reduce “adder” payments.
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