Category: Capacity Market

PJM Report Explores Changing Resource Mix

The PJM system can remain reliable with the addition of more natural gas and renewable resources, an analysis released today concludes. However, the report notes that an increased reliance on any one generation type brings resilience risks not accounted for…

2016 State of the Market Report Posted

Monitoring Analytics, the independent market monitor for PJM, posted the 2016 State of the Market Report for PJM on the Monitoring Analytics webpage yesterday. Some highlights: PJM Interconnection’s wholesale energy, capacity and regulation markets produced competitive results during 2016. PJM…

MIC Adds Level to Black Start Unit Work

The Market Implementation Committee covered a number of topics – ranging from black start units to actions by the Federal Energy Regulatory Commission – at its March meeting Wednesday. The committee approved by acclamation an amended problem statement and issue…

Task Force To Examine Market Reforms

Stakeholders and PJM examined how to harmonize markets and public policy at the state level at the Markets and Reliability Committee meeting Thursday in Wilmington. The committee approved a stakeholder-driven proposed problem statement and issue charge regarding the PJM Capacity…

MIC Discusses Fast-Start and Energy Storage NOPRs

The Market Implementation Committee’s work on Notices of Proposed Rulemaking from the Federal Energy Regulatory Commission was a highlight at the committee meeting on Jan. 11. PJM gave presentations on the NOPR on fast-start resources and on energy storage and…

MRC Endorses Capacity Obligation Proposal

At its Dec. 22 meeting, the Markets and Reliability Committee passed a proposal that clarifies when and how resource owners can replace their commitment in the capacity auction while still protecting market integrity and ensuring reliability. PJM and the Independent…

MIC Hears Progress on FERC Orders

The way PJM and its stakeholders will develop compliance language for several orders from the Federal Energy Regulatory Commission dominated the Market Implementation Committee meeting Dec. 14. PJM presented on two aspects of the FERC’s Order 825, on price formation,…

Special MIC Begins Review of DER Framework

PJM and its stakeholders reviewed potential frameworks for integrating distributed energy resources at a special Market Implementation Committee on Nov. 22. As a starting point, the special MIC focused on ancillary services and looked at generation resources versus demand response….

MRC Looks at Fuel Cost Process

On Nov. 17, the Markets and Reliability Committee tabled a proposal regarding fuel cost policies and approved problem statements regarding capacity auctions and load forecasting. PJM and stakeholders will revisit proposed language, with the intention of bringing it back to…

PJM Proposes Changes for Seasonal Resources’ Participation in Capacity Auction

PJM filed late Nov. 16 for approval from the Federal Energy Regulatory Commission of improvements to increase opportunities for seasonal resources to participate in the capacity auctions. The proposal enhances aggregation rules for seasonal resources to satisfy Capacity Performance requirements,…