Category: Capacity Market

PJM to ask board to authorize market design changes

On Jan. 16, 2018, PJM management informed stakeholders that it would recommend to the PJM Board at its February 2018 meeting that it should authorize PJM to file market design changes – Capacity Repricing – with the Federal Energy Regulatory…

MIC looks at gas pipelines and FERC 

PJM and its stakeholders looked at issues associated with gas pipeline contingencies and actions by the Federal Energy Regulation Commission as they engaged in a number of discussions at the Market Implementation Committee meeting Jan. 10. Rich Brown, manager –…

Stakeholders tackle complex issues at MRC

The stakeholder process did not take a holiday Thursday, as members looked at a number of complex issues at the Markets & Reliability Committee meeting. Capacity Construct Public Policy Senior Task Force Stakeholders voted to defer consideration until the Jan….

PJM, stakeholders vet IMM proposal at special MRC

At a special session of the Markets & Reliability Committee Tuesday, PJM and stakeholders had a thorough review and vetting of a proposal that was recently endorsed by the Capacity Construct/Public Policy Senior Task Force. The proposal from Monitoring Analytics,…

MC elects vice chair, sector whips, Finance members

As part of the consent agenda at the Dec. 7 Members Committee meeting, members endorsed two tariff revisions related to credit requirements (credit requirements for regulation resources and financial transmission rights credit requirements) and approved revisions to the Operating Agreement…

Market issues dominate MRC 

Stakeholders wrestled with a number of market issues – energy price formation, price-responsive demand and the work of the Capacity Construct/Public Policy Senior Task Force at a lengthy Markets & Reliability Committee meeting Thursday. Energy Price Formation Stu Bresler, senior…

PJM holding price formation education sessions

PJM has initiated a stakeholder process to enhance energy price formation, as described in PJM’s paper Proposed Enhancements to Energy Price Formation and the related problem statement and issue charge. All three will be discussed at the Dec. 7, 2017,…

Duane gives Congressional testimony on financial markets

Vince Duane, senior vice president – General Counsel, Compliance and External Relations, testified Wednesday on financial trading at the U. S. House of Representatives’ Committee on Energy and Commerce Subcommittee on Energy. In his testimony, “Examining the Role of Financial…

Vote closes out work of CCPPSTF

The Capacity Construct Public Policy Senior Task Force took its next step on Nov. 21, discussing the results of its recent vote on a solution package. This closes out the work of the task force. The package from Monitoring Analytics,…

Special MIC reviews DER interconnection questions

Stakeholders covered a myriad of related topics at the Nov. 17 special Market Implementation Committee meeting on Distributed Energy Resources, covering both interconnection and markets. In the first half of the meeting, stakeholders dissected the particulars of today’s interconnection process…