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July 5, 2024

Reliability Pricing Model (RPM)

PJM Stakeholders Envision Additional Capacity Designs
Proposals for reforming PJM's capacity markets were presented and explained at a two-day meeting of the Capacity Construct/Public Policy Senior Task Force.
PJM Stakeholders See Capacity Auction Flaws, Offer Solutions
The PJM Capacity Construct Public Policy Senior Task Force has been working hard to develop rule changes in time for next year’s capacity auction.
PJM to Review Impact of State Public Policies on RPM
A coalition of PJM stakeholders narrowly won approval to review the capacity market (RPM) construct, with a focus on state public policy issues.
PJM Markets and Reliability and Members Committees Preview
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee and the Members committee Thursday, September 29th.
Co-ops, Munis Call for Reset of PJM Capacity Model
American Municipal Power plans to propose a problem statement calling for a “holistic assessment” of the PJM Capacity Performance Model.
FERC Punts SMECO-J.P. Morgan Capacity Dispute to Courts
FERC dismissed a complaint by SMECO alleging that it has the right to a Capacity Performance credit from J.P. Morgan Ventures Energy Corp.
Generators to FERC: Expand MOPR for Subsidized FE, AEP Plants
Eleven generating companies have asked FERC to expand the PJM minimum offer price rule (MOPR) in time for May’s 2019/20 Base Residual Auction.
PJM-Type Capacity Auction for MISO Zone 4 Proposed
Dynegy and Exelon proposed that MISO Zone 4 procure capacity in three-year forward auctions separate from the rest of the RTO.
Stakeholder Soapbox: Why PJM’s Capacity Performance Isn’t Good for the Markets
PJM's Capacity Performance market structure, approved by FERC, is both over-priced and unlikely to achieve its intended results, says Direct Energy.
PJM Stakeholders to Study Relaxing Confidentiality Rules
PJM members agreed last week to consider relaxing confidentiality rules, despite reservations from several utilities.

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