PJM Interconnection LLC (PJM)
PJM filed Tariff changes to comply with FERC’s controversial order requiring expansion of the MOPR to new state-subsidized resources.
The average load-weighted, real-time LMP in PJM was $27.32/MWh last year, a 28.6% decrease from 2018 and the lowest in the RTO’s 21-year history.
PJM’s Reliability Pricing Model is acquiring more capacity than needed, leading to dirtier, less efficient generation and excessive costs for consumers.
PJM officials told stakeholders that revised calculations show lower floor prices for gas, nuclear and solar generating units under the expanded MOPR.
PJM is “confident” it will meet FERC’s deadline for resolving pricing and dispatch misalignment issues in its fast-start pricing proposal.
PJM’s System Operations Subcommittee will hold its first meeting on how the coronavirus is impacting generation and transmission operators on March 19.
Retail-choice states wanting to reduce their reliance on RTO capacity markets need to improve how their retail markets handle resource procurement.
The PJM System Operations Subcommittee will hold conference calls to discuss how the coronavirus is impacting generation and transmission operators.
PJM plans to expand the use of synchrophasors and formalize their placements — currently voluntary — into the Regional Transmission Expansion Plan.
PJM plans to hold the next Base Residual Auction about six months after they receive FERC approval of its compliance filing implementing the expanded MOPR.
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