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July 07, 2022

PJM Market Implementation Committee Briefs

Tier 1 Compensation Manual Language Approved

Oct 12, 2015
Ancillary Services / Capacity Market / Energy Market / PJM Market Implementation Committee (MIC) / Demand Response / Energy Efficiency
The Market Implementation Committee last week approved rule changes implementing a new Tier 1 resource compensation plan that the group endorsed in July. The changes passed with 28 opposed and 16 abstentions. The policy requires changes to Manual 11: Energy & Ancillary Services Market Operations; Manual 28: Operating Agreement Accounting;...

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