Tag: Markets

Special MIC reviews DER interconnection questions

Stakeholders covered a myriad of related topics at the Nov. 17 special Market Implementation Committee meeting on Distributed Energy Resources, covering both interconnection and markets. In the first half of the meeting, stakeholders dissected the particulars of today’s interconnection process…

Modeling Generation Task Force tackles tough task

One of the most complex initiatives currently working its way through the PJM stakeholder process is the consideration for a new combined cycle modeling tool. The Modeling Generation Senior Task Force meets monthly to tackle the intricacies of developing the…

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…

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…

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…

OC reviews resilience, summer performance, winter prep

PJM and stakeholders reflected on the change of seasons at the Operating Committee meeting Tuesday, reviewing the summer peaks and previewing winter preparations. Operations Planning also presented information on resilience planning related to gas/electric coordination. Dave Souder, director – Operations…

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…