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July 5, 2024

Reliability Pricing Model (RPM)

PJM MRC Preview
Our summary of the issues scheduled for votes at the PJM MRC on 06/25/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
PJM Bid to Delay Capacity Auction Draws Flurry of Support, Criticism
The PJM request to delay May’s Base Residual Auction has drawn more than two dozen comments — mostly from supportive stakeholders.
Stakeholders Skeptical of PJM Proposal for ‘Historic’ Capacity Transfer Rights
Stakeholders last week continued their debate over PJM’s proposal to create “historic” capacity transfer rights for some load-serving entities.
PJM Wins on 2,000 MW Capacity Waiver; Purchase Plan Rejected
FERC approved PJM’s request to retain 2,000 MW of capacity in yesterday’s third Incremental Auction for 2015/16 but rejected its request to purchase capacity outside of the RPM.
PJM CEO Terry Boston Urges Consensus in 2015
Boston lamented that PJM took unilateral action on several contentious proposals in 2014 after stakeholders were unable to reach consensus.
PJM Capacity Release Filings Draw Critics
A pair of requests PJM submitted to FERC to safeguard capacity for the 2015/16 delivery year drew a number of protests last week.
PJM Seeks Waiver on Capacity Release
PJM wants a one-time waiver to avoid releasing 2,000 MW of capacity for the 2015/16 delivery year, when the RTO fears it may run short of resources due to retirements of coal-fired generation.
PJM MRC/MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 11/20/14. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
PJM MIC Briefs
A round-up of news from the PJM Market Implementation Committee on Nov. 7, 2014.
State Regulators Call for Capacity Market Changes
State utlity regulators criticized rules that restrict states’ ability to contract for capacity last week at MACRUC's annual education conference, and called on PJM and FERC for changes.

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