Category: Capacity Market

Task Force Reviews Capacity Construct Proposals

On Tuesday, PJM and stakeholders at the Capacity Construct Public Policy Senior Task Force examined the results of the recent poll on 10 proposals and accompanying stakeholder comments. The package poll was designed to gauge stakeholders’ interest in package proposals…

PJM, stakeholders discuss new DER forum

PJM and stakeholders have been examining the topic of distributed energy resources in special sessions of the Market Implementation Committee since the beginning of 2017 On Sept. 18, PJM introduced language to establish a longer-term stakeholder group dedicated to DER…

MIC Looks at Balancing Ratio, Kentucky EE

PJM presented a proposal to address the average balancing ratio used in the base residual auction at the Market Implementation Committee Sept. 15. The balancing ratio is calculated during a performance assessment hour to determine each generation capacity resource’s obligation…

Stakeholders Debate Capacity Construct Proposals 

After two days of discussions that drilled down into the complexities of pricing, subsidies and market forces, members of the Capacity Construct Public Policy Senior Task Force may have a day to breathe. Then, beginning with a poll that will…

Education Sessions on Intraday Offers, Offer Cap Verification

In response to stakeholder feedback, PJM is offering two education sessions for members on market implementation issues in September. There will be an education session on intraday offers on Friday, Sept. 15, from noon until 4 p.m. and an offer…

Task Force to Study Value of Summer-Only DR Outside of Capacity Market

Stakeholders at the Aug. 24 Markets and Reliability Committee meeting endorsed the creation of a new senior task force to study how summer-only demand response may be valued within the PJM marketplace, outside of the capacity market. Scott Baker, senior…

PJM Offers Ideas on Carbon Pricing

PJM released its most recent working paper addressing carbon pricing approaches, Advancing Zero Emissions Objectives through PJM’s Energy Markets: A Review of Carbon-Pricing Frameworks. PJM produced this working paper in order to provide more detail on how state carbon policies…

Intraday Offer Discussions Highlight MIC Agenda 

Wednesday was a big day for the PJM manual that deals with Energy and Ancillary Markets as the Market Implementation Committee spent most of its meeting discussing language that will change it in various fashions. In a full day of…

Eclipse, Resilience and DER Updates at OC

PJM provided members with a number of updates – ranging from the upcoming solar eclipse to the status of the stakeholder process on distributed energy resources, resilience and regulation – at the Operating Committee meeting on Aug. 8. Dave Souder,…

Special MIC on DER moves into electric distribution coordination phase

The Markets Implementation Committee’s special session meetings on distributed energy resources are moving to a new dimension. They’re looking at how to coordinate the operations of distributed energy resources (DER) which participate in the wholesale market with electric distribution companies….