seasonal capacity
The PJM Markets and Reliability committee and Members committee discussed frequency response and the Capacity Construct/Public Policy Senior Task Force.
PJM staff detailed how the new rules for aggregating seasonal resources will be implemented in May’s Base Residual Auction.
FERC staff have greenlit PJM’s proposed Tariff revisions to allow increased participation from seasonal resources.
FERC has issued a deficiency notice requesting more information from PJM on its proposal to incorporate more seasonal resources under Capacity Performance.
Rockland Electric argues that the PJM proposal to allow aggregation of seasonal resources won't help demand response and solar resources.
The PJM Markets and Reliability Committee rejected two proposals members said threatened the Capacity Performance construct, but approved two others.
Still unable to reach consensus, PJM members balked again last week at a request from a group of demand-side stakeholders to revisit Capacity Performance.
PJM officials said they will seek FERC approval of the RTO’s seasonal capacity proposal despite a lack of stakeholder consensus.
Less than half of PJM stakeholders considering the addition of a seasonal capacity resources favor a change in the current rules.
At the Market Subcommittee, MISO announced that next month they'll implement two new offer floors for emergency pricing to alleviate “price depression.”
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