Tag: Harmonizing Public Policy and Market Design

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….

Task Force Reviews Capacity Construct Proposals

On Tuesday, PJM and stakeholders at the Capacity Construct Public Policy Senior Task Force examined the results of the recent poll on 10 proposals and accompanying stakeholder comments. The package poll was designed to gauge stakeholders’ interest in package proposals…

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…

PJM Reacts to DOE Grid Study

The U.S. Department of Energy issued its report, Staff Report to the Secretary on Electricity Markets and Reliability, late on Aug. 23. The report responded to Energy Secretary Rick Perry’s order for a study of the long-term reliability of the…

MRC Talks Next Phase for Seasonal Capacity Resources

Stakeholders at the Markets and Reliability Committee on July 27 launched the next phase of the debate on how seasonal capacity resources can participate in non-capacity markets. Pete Langbein, manager – Demand Response Operations, introduced a proposed problem statement and…

PJM posts working papers on public policy and market design

PJM has posted four documents to advance the ongoing discussions of the effects of state public policy initiatives on markets and PJM market design. The first document is an overview introducing and linking to the three working papers. One working…

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…