PJM Interconnection LLC (PJM)
The PJM Planning Committee approved documents to explore possible improvements to transferring capacity interconnection rights.
The MIC voted against endorsing a proposal to expand the scope of the Reactive Power Compensation Task Force to include discussion of existing service rates.
FERC approved PJM’s request to delay its 2025/26 capacity auction from Wednesday until next year as the RTO seeks to revamp its market rules.
RTOs in the Northeast are experiencing diminished solar output and lower-than-expected loads as smoke from Canadian wildfires passes over the region.
The PJM Markets and Reliability Committee voted to reject manual changes on the synchronized reserve requirement.
FERC OK'd settlement judge procedures to resolve complaints that generators filed against PJM’s assessment of penalties for underperformance in December 2022.
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.
PJM is weeks away from the scheduled date for the 2025/26 Base Residual Auction without an order from FERC on whether it will be permitted to delay the auction.
PJM says if FERC heeds Capacity Performance charge complaints stemming from storm power outages, it will undermine key aspects of reliability.
The PJM Markets and Reliability Committee and Members Committee have a list of items to consider at their meetings Wednesday.
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