Category: Capacity Performance

Court of Appeals Upholds CP Rules

On Tuesday, the United States Court of Appeals for the District of Columbia upheld the Federal Energy Regulatory Commission’s ruling on PJM’s capacity performance rules.  A group of nine entities had appealed the FERC’s ruling. The court ruled that the…

Resources and Reserves Available to Beat June Heat

Despite hot weather across the PJM footprint this week, no power supply problems are expected at this time. PJM has issued Hot Weather Alerts for the footprint for Monday, June 12, and Tuesday, June 13. The alerts were called because…

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…

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…

Operating Committee Reviews Results of Assessment Hour Simulation

PJM reviewed the results of a simulated performance assessment scenario and other Capacity Performance-related topics at the Operating Committee meeting Feb.7. Stakeholders requested a simulation of a performance assessment hour by calculating performance penalties and bonuses using actual data from…

MRC Looks at Fuel Cost Process

On Nov. 17, the Markets and Reliability Committee tabled a proposal regarding fuel cost policies and approved problem statements regarding capacity auctions and load forecasting. PJM and stakeholders will revisit proposed language, with the intention of bringing it back to…