Category: Capacity Market

Members discuss PJM, IMM Capacity Proposals

PJM and Monitoring Analytics, PJM’s independent market monitor, presented updates to the Capacity Construct/Public Policy Task Force in a somewhat abbreviated session Nov. 1. The IMM’s proposal was the only that differed from those presented at the previous task force…

PJM Moves to Intraday Offers

On Nov. 1, PJM introduced intraday offers to its Energy Market, the result of a directive from the Federal Energy Regulatory Commission to provide the ability for market participants to offer bids during the day. Intraday offers permit more flexibility…

PRD, Resource Adequacy among MRC Topics 

In a morning filled with debates – some lengthy – PJM and stakeholders discussed how the Capacity Performance construct will accommodate price responsive demand at the Markets & Reliability Committee meeting Oct. 26. The Demand Response Subcommittee has developed several…

PJM Presents Possible FERC Comments to Stakeholders at Special MRC

How PJM will answer the Department of Energy’s proposal to “ensure that certain reliability and resiliency attributes of electric generation resources are fully valued” was at the heart of a special Markets & Reliability Committee conference call on Oct. 19….

Task Force Updates Capacity Construct Proposals

PJM and stakeholders reviewed updated proposals at the Capacity Construct/Public Policy Senior Task Force meeting on Oct. 16. Some stakeholders suggested that the task force should slow down its work in light of the Department of Energy’s letter and notice…

First Reads Dominate MIC Agenda

Education dominated the Market Implementation Committee meeting Oct. 11, as PJM and stakeholders delved into a number of multi-layered issues, ranging from price responsive demand to five-minute settlements and including credit to fuel cost policy updates to market path/interface pricing…

PJM Responds to DoE Proposal

On Oct. 2, the Federal Energy Regulatory Commission started a proceeding inviting comments on a proposal by the U.S. Department of Energy on wholesale power markets. The Department of Energy issued the proposal on Sept. 29, directing the FERC to…

PJM, stakeholders propose new subcommittee for ongoing DER talks

PJM staff and stakeholders who have been exploring the topic of distributed energy resources in special sessions of the Market Implementation Committee for months will propose formalizing their work with the creation of a new subcommittee that will report to…

Stakeholders Discuss Balancing Ratios at MRC 

PJM and stakeholders on Thursday discussed upcoming tariff provisions for calculation of the balancing ratio used in determination of the market seller offer cap. PJM presented a problem statement and issue charge at the Markets and Reliability Committee on Sept….