Months past the deadline requested by PJM’s Board of Managers, details of potential changes to the RTO’s energy market remain anyone’s guess.

The PJM Monitor remains unconvinced that performance metrics during localized load sheds should be used to calculate capacity market default offer caps.

PJM outlined its requirements for accepting the Independent Market Monitor's opportunity cost calculator, a bid to end a dispute that has upset generators.

Bob O’Connell of Panda Power Funds introduced a proposal that would require PJM to accept opportunity cost adders calculated by the IMM.

In his quarterly state of the market report, the PJM IMM said the results of the 2018 Base Residual Auction show the need to change its capacity offer cap.

PJM stakeholders at the MRC and MC unanimously endorsed proposed revisions for seasonal aggregation.

Market monitors from the Eastern Interconnection and ERCOT debated their roles in the RTOs they oversee and the need for effective monitoring programs.

PJM stakeholders at the Markets and Reliability Committee meeting endorsed the second phase of an initiative with MISO to address overlapping congestion.

While structural issues persist, PJM's markets were competitive in 2017, the RTO's Market Monitor said Thursday contradicting concerns from PJM and some stakeholders that prices are unsustainably low.

Stakeholders denied four proposals to revise PJM’s rules on evaluating designated market paths for energy sales coming into the RTO.