Category: Capacity Performance

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…

Members Approve Operating Parameters and Ramp Rates

The Members Committee took steps to prepare for the 2016/17 delivery year at the March 31 meeting in approving definitions for operating parameters and performance assessment hour ramp rates. In order to be in place for the 2016/2017 delivery year,…

MC Webinar Focuses on Time-Sensitive Capacity Performance Issues

PJM emphasized the importance of members’ implementing time-sensitive changes on emergency procedures for Capacity Performance and performance assessment hours at the March 28 Members Committee Webinar. Members will need to update the emergency procedure application to support Capacity Performance and…

Ramp Rate, CP Implementation at Center of OC Meeting

After a lengthy discussion, the Operating Committee Tuesday endorsed an interim solution for the performance assessment hour ramp rate. The OC also had an extensive discussion regarding implementation of two Capacity Performance-related items – real-time values and unit-specific parameters. Mike…