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.”

PJM members approved a task force seasonal capacity charter to study how resources could be incorporated into Capacity Performance.

A summary of measures approved by the PJM Markets and Reliability and Members committees on April 24, 2014.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 03/27/14. 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 members last week approved manual changes implementing the PJM seasonal verification rules, adding a transition period for units that have not been conducting the required tests.