Category: Capacity Market

PJM Launches Markets Certification Program

One of the constants in the energy industry over the past several years has been the accelerated pace of change. In the midst of all of this change, market integrity requires that market participants have adequate expertise to transact in…

Stakeholders Support PJM Regulation Changes at MRC

Stakeholders demonstrated their strong support for changes in how PJM balances regulation signals at the Markets Reliability Committee on June 22. Eric Hsia, manager – Performance Compliance, presented the regulation market enhancements that were endorsed by the Regulation Market Issues…

MC Passes Biddable Node Language

On June 22, the Members Committee passed changes to the PJM tariff and Operating Agreement related to eligible biddable nodes. The proposal, Phase 3 of the work of the Energy Market Uplift Senior Task Force, passed in a sector-weighted vote…

MC Webinar looks at PJM’s path on resilience, security, DR

Members and PJM discussed PJM’s upcoming activities on the interrelated agenda topics of resilience, security, demand response and distributed energy resources Monday at the Members Committee Webinar. Pete Langbein presented the highlights of an upcoming PJM paper regarding the future…

PJM posts working papers on public policy and market design

PJM has posted four documents to advance the ongoing discussions of the effects of state public policy initiatives on markets and PJM market design. The first document is an overview introducing and linking to the three working papers. One working…

MIC Narrowly Passes EER Problem Statement  

PJM stakeholders on Wednesday at the Markets Implementation Committee narrowly passed a problem statement and issue charge that addresses state requirements on energy efficiency aggregation for PJM capacity market participation. The stakeholder discussion on the problem statement and issue charge…

PJM Discusses Auction Results at MRC

PJM presented a summary of the 2020/2021 Base Residual Auction results and report to stakeholders at the Markets and Reliability Committee meeting May 25. Jeff Bastian, manager – Capacity Market Operations, broke down the auction results into offered and cleared…

PJM Capacity Auction Sees Strong Response from Market Participants

PJM Interconnection completed its first annual capacity auction in which all resources had to meet strict capacity performance requirements. The auction procures power supply resources to meet consumers’ electricity needs three years from now. The auction produced a price of…

PJM Responds to 2016 State of the Market Report

PJM today released its response to the 2016 State of the Market Report, produced by Monitoring Analytics, the independent market monitor (IMM) for PJM. The 2016 State of the Market Report provides an assessment of market performance and recommendations aimed…

PJM Base Residual Auction Opens Today

The sell offer window for the PJM Base Residual Auction – the annual capacity auction – for the 2020/2021 delivery year opens today, May 10, and will close at 5 p.m. (EPT) Tuesday, May 16, 2017. After a gradual transition…