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Home » PJM MRC Briefs: May 28, 2020
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PJM MRC Briefs: May 28, 2020

Surety Bond Proposal Endorsed

May 31, 2020
Michael Yoder
Capacity Market / PJM Markets and Reliability Committee (MRC) / Distributed Energy Resources (DER) / Generation / Financial Transmission Rights (FTR)
Stakeholders at PJM’s Markets and Reliability Committee meeting on Thursday endorsed a proposal to allow market participants to use surety bonds as collateral that had been awaiting a vote for more than a year. The proposal, originally endorsed in October 2018 at the Market Implementation Committee with 61% support, allows the...

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