Market Monitor
PJM will consider relaxing rules for up-to congestion transactions under a problem statement approved last week.
PJM generators told FERC that it should go beyond PJM’s qualification rules for demand response providers — with some proposing that planned DR resources be banned from the capacity market.
No one spoke up when Market Monitor Joe Bowring opened the floor to stakeholders in the Monitor's annual Advisory Committee meeting Friday. But Bowring and his staff took the opportunity to renew their case for eliminating “sham” scheduling and changing PJM rules on opportunity costs.
State regulators and the PJM Board of Managers publicly buried the hatchet over the RTO's contract with Monitoring Analytics. But some tensions remain.
The PJM Operating Committee Tuesday postponed a vote on proposals to increase penalties for under-performing synchronized reserve providers.
PJM's Market Implementation Committee approved an issue charge to consider modifying the algorithm used for publishing the annual capacity auction supply curves.
PJM wants to eliminate incentives for generators and demand response providers that fail to perform when called on for spinning (synchronized) reserve.
PJM announced that the Board of Managers approved a new contract with Monitoring Analytics, PJM’s independent market monitor. The contract runs through 2019.
The PJM MIC will consider modifying the algorithm used for publishing supply curves resulting from the annual capacity market auction.
PJM's MRC approved a problem statement on 5/30 to develop ways to standardize and improve transparency on the unit-specific review process used in MOPR.
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