The PJM Members Committee will convene a special meeting to vote on 20 proposals to revise the workings of the RTO's capacity market through the critical issue fast path process.

PJM presented new risk modeling figures and updates to its critical issue fast path proposal and stakeholders discussed their own proposals during the Aug. 1 CIFP process meeting.

PJM updated its Critical Issue Fast Path proposal, while several additional stakeholder presentations are scheduled for the remaining two meetings before they vote on packages.

PJM showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.

PJM released a report on the December 2022 winter storm detailing its emergency actions and recommended changes to its markets and operations to limit the impact of future severe weather.

PJM completed its delivery of a sprawling presentation outlining its envisioned overhaul of the capacity market, followed by stakeholder presentations from Calpine, Daymark Energy Advisors and the East Kentucky Power Cooperative.

PJM continued its presentation of its proposal to overhaul the capacity market during a June 21 Critical Issue Fast Path process meeting.

PJM presented its CIFP proposal to overhaul the capacity market, with the new addition of a seasonal capacity model.

PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.

PJM wrapped up the second phase of its critical issue fast path process to address RA concerns with two meetings on proposed changes to the capacity market.