Category: PJM News

MIC Tracks Issues at October Meeting

At its October 7 meeting, the Market Implementation Committee endorsed and discussed manual and tariff language, problem statements and clarifications. The MIC endorsed draft manual and tariff language for Tier I compensation. The language more clearly defines how Tier 1…

PJM Preps for Joaquin

PJM is monitoring and preparing for the anticipated storm, which was a Category 4 hurricane as of Friday morning. PJM’s Incident Response Team has been monitoring the storm and PJM has been working with transmission and generation owners in the…

PJM Invites Comments on Proposed FERC Price Formation Rules

At the October 1 Markets and Reliability Committee, PJM invited stakeholder input regarding the recent notice of proposed rulemaking on energy price formation issued by the Federal Energy Regulatory Commission. The notice requires organized markets to settle real-time energy and…

Votes, Discussions Highlight MRC and MC Meetings

The Markets and Reliability Committee and Members Committee covered a number of topics at their October 1 meetings. Both committees passed the consensus proposal to raise PJM’s energy offer cap. After the MRC overwhelmingly approved the measure by sector-weighted vote…

MRC, MC Pass Energy Offer Cap Proposal

Capping a complicated stakeholder process, the Members Committee at its October 1 meeting passed by acclamation a proposal to raise the cap on offers in the PJM Energy Market. Earlier in the day, the MRC overwhelmingly approved the measure in…

Energy Efficiency Practices, Other Factors Changing Load Forecast

The impact of energy efficiency is driving a decrease in the annual load forecast, according to Tom Falin, PJM manager – Resource Adequacy, during a presentation on load forecast modeling changes at the Markets and Reliability Committee meeting October 1….

MC Webinar previews October 1 meetings

The energy offer cap proposal and funding for PJM’s consumer advocates were among the topics discussed at the September 28 MC Webinar, which offered a preview of the agenda at the October 1 Markets and Reliability Committee and Members Committee…

MRC discusses energy cap proposals at special session

PJM’s Markets and Reliability Committee held a special session September 24 to discuss the framework for a consensus energy cap proposal before presenting at the October 1 MRC and Members Committee meetings. While there have been stakeholder energy cap proposals…

2015 Stakeholder Satisfaction Survey Coming Soon

PJM will conduct the 2015 Stakeholder Satisfaction Survey from October 5 to October 30 with support from the Metrus Group, a consulting firm. Metrus will send email invitations to survey participants on October 5; the emails will come from PJM…

Second Transitional Auction Reaches Capacity Performance Target for 2017-2018

Second Transitional Auction Reaches Capacity Performance Target for 2017-2018 PJM’s second transitional auction achieved its targeted procurement of resources to meet strict Capacity Performance standards for the 2017-2018 delivery year. It followed a successful transition auction for 2016-2017. A report…