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July 23, 2024

Market Monitor

PJM to Consider Relaxing UTC Rules
PJM will consider relaxing rules for up-to congestion transactions under a problem statement approved last week.
Generators: Ban Planned DR
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.
Sounds of Silence as Monitor Solicits Feedback
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.
Board, OPSI Bury the Hatchet over Monitor Contract
State regulators and the PJM Board of Managers publicly buried the hatchet over the RTO's contract with Monitoring Analytics. But some tensions remain.
OC Hears New Proposal on Synchronized Reserve Penalty; Delays Vote
The PJM Operating Committee Tuesday postponed a vote on proposals to increase penalties for under-performing synchronized reserve providers.
Capacity Supply Curve Review Gets MIC OK
PJM's Market Implementation Committee approved an issue charge to consider modifying the algorithm used for publishing the annual capacity auction supply curves.
PJM Considers Increased Penalties for Reserve No-Shows
PJM wants to eliminate incentives for generators and demand response providers that fail to perform when called on for spinning (synchronized) reserve.
PJM, Monitoring Analytics Sign New Contract
PJM announced that the Board of Managers approved a new contract with Monitoring Analytics, PJM’s independent market monitor. The contract runs through 2019.
MIC Seeks Better Way to Draw Capacity Supply Curve
The PJM MIC will consider modifying the algorithm used for publishing supply curves resulting from the annual capacity market auction.
PJM, Monitor Push New MOPR Changes
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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