Category: PJM News

Enhancing energy price formation will help build a resilient system

By Stu Bresler, senior vice president – Operations and Markets Proper energy pricing is vital to accurately reflecting the resources needed to maintain a reliable grid and attracting the optimal mix of resources necessary to build a resilient system going…

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…

United Way honors PJM for charitable giving and volunteerism

The United Way of Greater Philadelphia and Southern New Jersey has recognized PJM with its Impact Award for outstanding results in charitable giving and volunteerism. “The culture of caring and giving back is ingrained in PJM and our employees. We…

Planning Committee presents proposals for market efficiency

A goal of PJM’s market efficiency evaluation process is to plan facilities to achieve economic efficiencies and associated metrics. It is designed to determine which reliability upgrades, if any, have an economic benefit if accelerated and to identify new transmission…

Market Efficiency and ARRs at TEAC

Asanga Perera, manager – Market Simulation, updated members on Stage 1A of PJM’s 10-year auction revenue rights analysis at the Transmission Expansion Advisory Committee on Nov. 9. The proceeds from the annual financial transmission rights auction are allocated through auction…

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…

PJM, stakeholders discuss Operations resilience 

PJM provided stakeholders a further introduction to system operation resilience efforts Tuesday afternoon, with a special session of the Operating Committee that focused on gas pipeline contingencies. Dave Souder, director – Operations Planning, led the discussion, which covered the approach…

PJM files NOPR reply comments at FERC

Today, PJM Interconnection filed reply comments with the Federal Energy Regulatory Commission on the U.S. Department of Energy’s notice of public rulemaking. PJM requests the FERC to expedite PJM’s consideration with its stakeholders of market reforms, require RTOs to report back…

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…