PJM Members Committee
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's Markets and Reliability Committee discussed proposed issue charges on generator deactivations and reserve certainty, while the Members Committee endorsed a cost recovery structure for investments to comply with IROL-CIP requirements.
PJM's MRC will consider endorsement of manual revisions to conform to NERC TPL standards, followed by the MC weighing approval of creating a cost recovery structure for upgrades necessary for a generator designated as critical under NERC's CIP standards.
PJM stakeholders endorsed a proposal to create a cost recovery mechanism for generators which are required to make facility upgrades.
PJM's CEO said challenges lie ahead for stakeholders as they wrestle with a possible overhaul to the capacity market to address resource adequacy concerns.
PJM stakeholders rejected a proposal from the Illinois CUB to require that at least one member of the Board of Managers have clean energy qualifications.
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