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November 24, 2024

locational marginal pricing (LMP)

MIC Briefs
A round-up of news from the PJM Market Implementation Committee on Sept. 3, 2014.
ATSI Black River Interface to Take Effect Sept. 1
PJM will create a pricing interface in the ATSI Black River area to capture in LMPs operator actions taken to relieve thermal or voltage problems resulting from high loads.
Monitor: Resist Subsidies, Don’t Retreat from Markets
PJM's Market Monitor used his newest State of the Market report to repeat longstanding recommendations and warn stakeholders not to overreact to the winter’s extreme weather.
Life without Demand Response: Higher Prices but No Reliability Crisis, Says Monitor
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.
Effort to Lift Offer Cap Advances After Debate
Stakeholders split last week over a PJM offer cap proposal that changes how the RTO captures the cost of deploying additional reserves during extreme weather.
Members Split Over Change in Reserve Procedures
Stakeholders split last week over a PJM proposal to change how the RTO captures the cost of deploying additional reserves during extreme weather.
PJM Offers New Methods for Downloading Data
PJM began offering new ways to download energy price data from the PJM website with the introduction of a “data miner” application.
MRC / MC Approvals
The following issues were approved by the Markets and Reliability and Members committees Thursday with little discussion. Each item is listed by agenda numbe...

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