Category: Capacity Market

Stakeholder Process Drives August MRC

The effectiveness of the PJM stakeholder process was on view Aug. 25 at the Markets and Reliability Committee meeting, as stakeholders discussed potential changes to the fuel cost policy approval process  and a potential review of the capacity market. A…

Grid 20/20 Afternoon Session Looked to Future

What will the future of energy markets look like? And how does the industry get there? Those questions won’t be answered in a day, but the dialogue began in the afternoon session of the PJM Grid 20/20 forum on Public…

PJM Grid 20/20 Examines Market Challenges, Solutions

A kitchen appliance and American humorist Will Rogers were themes that carried the discussion at the PJM Grid 2020 forum on Public Policy Goals and Market Efficiency, Aug. 18 at PJM. Craig Glazer, PJM vice president – Federal Government Policy,…

PJM Presents Proposed Fuel Cost Policy Changes at Special MIC

At a special session of the Market Implementation Committee Wednesday, PJM presented the basics of its Aug. 16 hourly offers compliance filing with the Federal Energy Regulatory Commission. The filing addresses the FERC’s order for changes in the implementation of…

Robust Engagement Marks MIC Meeting

PJM, its stakeholders and the independent market monitor continued to examine the complexities of several issues during the Aug. 10 Market Implementation Committee meeting. Fuel Cost Policies PJM, Monitoring Analytics (the PJM independent market monitor) and stakeholders discussed reworking fuel…

PJM Holding Grid 20/20 on Public Policy and Markets

Examining the role of public policy in shaping the future electric marketplace is the focus of the next PJM Grid 20/20 forum, Public Policy Goals & Market Efficiency, which will be held Aug. 18 at PJM’s headquarters. This forum will…

PJM, Stakeholders Discuss Seasonal Capacity Resources

PJM and its stakeholders discussed market rule changes meant to address barriers for seasonal resources to participate in the PJM capacity market at the Seasonal Capacity Resources Senior Task Force meeting Aug. 1. The task force is examining ways in…

MRC Looks at Shortage Pricing

PJM began taking action regarding sub-hourly settlements and the triggers for shortage pricing July 28, when it presented a problem statement and issue charge at the Markets and Reliability Committee. On June 16, the Federal Energy Regulatory Commission issued a…

Working to give members the breakthrough in timing they need

By Tom O’Brien,  vice president and chief information officer The significant shift in fuel supply toward natural gas requires better alignment between the gas market day and the electric day. Members challenged us to decrease the time to clear Day-Ahead Market offers…

PJM Auction Continues To Attract New Resources

Results of PJM Interconnection’s second auction with stringent pay-for-performance standards attracted a significant amount of new resources at competitive prices to the PJM footprint. In addition, the auction for power-supply resources attracted continued strong participation from renewable resources and demand response. PJM procured…