Category: Capacity Performance

PJM to ask board to authorize market design changes

On Jan. 16, 2018, PJM management informed stakeholders that it would recommend to the PJM Board at its February 2018 meeting that it should authorize PJM to file market design changes – Capacity Repricing – with the Federal Energy Regulatory…

PJM holding price formation education sessions

PJM has initiated a stakeholder process to enhance energy price formation, as described in PJM’s paper Proposed Enhancements to Energy Price Formation and the related problem statement and issue charge. All three will be discussed at the Dec. 7, 2017,…

Vote closes out work of CCPPSTF

The Capacity Construct Public Policy Senior Task Force took its next step on Nov. 21, discussing the results of its recent vote on a solution package. This closes out the work of the task force. The package from Monitoring Analytics,…

PJM proposes enhancements to electric energy price formation

PJM today released a proposal to ensure that its wholesale electricity market prices do the best possible job of reflecting the resources required to serve customers and of maintaining an optimal mix of resources in the long term. In the…

IMM finds PJM competitive

The Independent Market Monitor for PJM Interconnection, Monitoring Analytics, LLC, found PJM’s wholesale electric energy, capacity and regulation markets produced competitive results during the first nine months of 2017, according to its 2017 Quarterly State of the Market Report for…

MIC moves price responsive demand proposals forward

On Nov. 8, after a lengthy discussion, stakeholders at the Market Implementation Committee voted to move two proposals on price responsive demand further along in the stakeholder process. The Demand Response Subcommittee developed several price responsive demand proposals, which would…

Stakeholders examine possible DER solutions

Stakeholders spent much of the Nov. 6 meeting of the special Market Implementation Committee on Distributed Energy Resources looking at how PJM and electric distribution companies would handle the interconnection of resources. The group conducted an extended review of proposals…

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…

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….