Category: Capacity Market

Ott Comments on State Policy and Competitive Markets

In anticipation of his appearance at a Federal Energy Regulatory Commission technical conference on May 1, PJM President and CEO Andy Ott offered his thoughts on state policies and the wholesale market. His testimony was filed in advance of his…

Grid 20/20 Forum Ponders Quantifying the Value of Resilience

Different resource types contribute distinct reliability attributes to the electric system, and that value should be quantified and reflected in the market, the afternoon panelists at PJM’s Grid 20/20 symposium said. But not all agreed on how. “Whatever the solutions…

Stakeholders Tackle Tough Issues at MIC

Members examined a number of complicated topics at the Market Implementation Committee meeting on April 12. Extended discussions revolved around energy efficiency, aggregated resources and the fuel cost policy process. PJM provided a first read of a problem statement and…

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…

Celebrating 20 years of the PJM wholesale market

By Andy Ott, president and CEO Twenty years ago on April 1, PJM inaugurated the nation’s first competitive wholesale electricity market, setting the stage for what would become the industry standard. Today, we recognize how the markets that have evolved…

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…