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July 22, 2024

offer cap

Load, Supply Trade Blame over Offer Cap Impasse
PJM stakeholders representing supply and load accused each other of refusing to compromise on changes to the $1,000 offer cap Thursday in one of the most acrimonious debates in the last year.
FERC Removes 10% Adder from Generators’ Make-Whole Payments
FERC said PJM should not have included a 10% adder in its calculation of make-whole payments to generators whose costs exceeded the offer cap last winter.
Members Deadlock on Change to $1,000 Offer Cap
PJM stakeholders deadlocked Thursday over changes to the $1,000 energy offer cap, leaving the RTO’s board considering yet another unilateral filing with FERC.
MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 09/18/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
Split Panel Recommends Lifting $1,000 Offer Cap
A PJM task force has recommended lifting the $1,000 cost-based energy offer cap, but the margin suggests the proposal may have a tough time winning approval.
MIC OKs Initiative on Gas Unit Offers
PJM members approved yet another initiative to address reliability concerns over gas-fired generators, agreeing to consider changes to the way such units submit energy and capacity market offers.
PJM MRC/MC Round-Up
Our summary of issues discussed and voted on at the PJM MRC and MC on Thursday, 6/26/14 with no surprises or lengthy debate.

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