Financial marketers are pleased with PJM’s proposal to change the way uplift charges are assessed on virtual trades but aren’t convinced by a PJM analysis that the RTO says justifies extending the charges to up-to congestion trades (UTCs).

PJM wants to change the way virtual trades pay for uplift, replacing the current unpredictable charges with a flat per megawatt fee and assessing them for the first time on up-to congestion trades (UTCs).

Operators of gas-fired generators could include the costs of ensuring fuel supplies in their energy market offers under changes being considered by PJM.

State regulators and the PJM Board of Managers publicly buried the hatchet over the RTO's contract with Monitoring Analytics. But some tensions remain.

PJM announced that the Board of Managers approved a new contract with Monitoring Analytics, PJM’s independent market monitor. The contract runs through 2019.

PJM faces Market Implementation Committee Work Plan Problem Statement Resource Limits - facilitators needed for meetings on problem statements.

Public interest groups scolded PJM for excluding them from the MOPR stakeholder process and for setting its annual meeting at the Greenbrier. The public interest groups and state regulators also praised PJM for its handling of generation retirements and lobbied it to increase use of demand response and energy efficiency.

By Rich Heidorn Jr. PJM Insider (March 7, 2013) — The PJM Board of Managers may be headed toward a new showdown with stakeholders over the role of its marke...