Category: Capacity Performance

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…

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…

Education at Center Stage for MIC

Concentrating more on education than votes, on July 13, the Market Implementation Committee examined complex issues, including auction specific bilateral transactions, release of capacity in the 2017/2018 delivery year, and fuel cost policy development. Auction Specific Bilateral Transactions The committee…

PJM/NYISO Wheel Agreement Termination Leads OC

Working out the details of the expiring PJM/NYISO Wheel Agreement was one of the topics of the July 12 Operating Committee meeting. PJM is using a three-pronged approach, coordinating stakeholder efforts through the Operating Committee, Markets Implementation Committee and Planning…

Ramp Rates, Winter Report Highlight OC

PJM’s next steps in Capacity Performance operations in the wake of rejection of the ”ramp rate filing,” and a look back at the grid’s performance during  the winter 2015/16 were among the topics covered at the Operating Committee meeting on…

Capacity Results, Load Forecasting Top MRC Agenda

Beginning with a report on the base residual auction, and moving through load forecasting, market efficiency projects and Order 1000, the Markets and Reliability Committee heard updates on a number of topics at its May 26 meeting. Stu Bresler, senior…

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…

Ott Calls for Proactive Planning to Adapt to Changing Industry

Challenges, accomplishments and people were the focus of PJM CEO Andy Ott’s remarks at the May 19 Members Committee meeting, which wrapped up the PJM Annual Meeting. Ott recognized retiring board members Dr. Richard Lahey and Dr. Jean Kinsey as…

MIC Reviews Capacity Performance Emergency Procedures

Settlement issues, real-time values and emergency procedures under Capacity Performance dominated the slate at the April 6 Markets Implementation Committee meeting. PJM presented an overview of changes related to Capacity Performance and the performance assessment hour in the next version…