Category: Capacity Performance

First Reads Dominate MIC Agenda

Education dominated the Market Implementation Committee meeting Oct. 11, as PJM and stakeholders delved into a number of multi-layered issues, ranging from price responsive demand to five-minute settlements and including credit to fuel cost policy updates to market path/interface pricing…

PJM Responds to DoE Proposal

On Oct. 2, the Federal Energy Regulatory Commission started a proceeding inviting comments on a proposal by the U.S. Department of Energy on wholesale power markets. The Department of Energy issued the proposal on Sept. 29, directing the FERC to…

PJM, stakeholders propose new subcommittee for ongoing DER talks

PJM staff and stakeholders who have been exploring the topic of distributed energy resources in special sessions of the Market Implementation Committee for months will propose formalizing their work with the creation of a new subcommittee that will report to…

Stakeholders Discuss Balancing Ratios at MRC 

PJM and stakeholders on Thursday discussed upcoming tariff provisions for calculation of the balancing ratio used in determination of the market seller offer cap. PJM presented a problem statement and issue charge at the Markets and Reliability Committee on Sept….

MIC Looks at Balancing Ratio, Kentucky EE

PJM presented a proposal to address the average balancing ratio used in the base residual auction at the Market Implementation Committee Sept. 15. The balancing ratio is calculated during a performance assessment hour to determine each generation capacity resource’s obligation…

Stakeholders Debate Capacity Construct Proposals 

After two days of discussions that drilled down into the complexities of pricing, subsidies and market forces, members of the Capacity Construct Public Policy Senior Task Force may have a day to breathe. Then, beginning with a poll that will…

Task Force to Study Value of Summer-Only DR Outside of Capacity Market

Stakeholders at the Aug. 24 Markets and Reliability Committee meeting endorsed the creation of a new senior task force to study how summer-only demand response may be valued within the PJM marketplace, outside of the capacity market. Scott Baker, senior…

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…