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Home » Joe Bowring

Articles Tagged with ''Joe Bowring''

pjm

PJM Members Committee Briefs

Tariff Filing Will Allow Capacity Release, Includes Contingencies
Nov 23, 2015
WILMINGTON, Del. — A Tariff change endorsed by stakeholders last week will allow PJM to release Base Capacity resources to reflect the Capacity Performance resources it acquired in the transition auction for the 2016/17 delivery year. PJM procured more than 4,200 MW of new capacity in that auction in August.
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Monitor: DR, Market Power Changes Needed

Nov 16, 2015
By Suzanne Herel PJM should tighten rules on demand response and market power, the Independent Market Monitor said in its third-quarter State of the Market Report. The report, which included eight new recommendations, concluded that the RTO’s energy, capacity and regulation markets were competitive for the first nine months of...
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Bowring Concerned over Gaming of Hourly Offers; Role Under CP

Oct 19, 2015
Rich Heidorn Jr.
By Rich Heidorn Jr. BALTIMORE — PJM Market Monitor Joe Bowring said last week that the RTO must include strong market-power protections in rules allowing generators to change their offers hourly. Bowring also told a meeting of the Organization of PJM States Inc. Advisory Committee that he is concerned that...
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PJM Ponders Changes to Virtual Trades, DA Market

May 25, 2015
Rich Heidorn Jr.
By Rich Heidorn Jr. ATLANTIC CITY, N.J. — PJM officials and the Independent Market Monitor are considering changes to the treatment of virtual transactions to reduce uplift and gaming opportunities and allow quicker solving of the day-ahead energy market. PJM Executive Vice President for Operations Mike Kormos and Market Monitor...
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Bowring, Gates’ Consultant Spar over PJM Traders’ Obligations on Loopholes

May 25, 2015
Rich Heidorn Jr.
By Rich Heidorn Jr. ATLANTIC CITY, N.J. — To shake or not to shake the Money Tree? Joe Bowring © RTO Insider That was the question Independent Market Monitor Joe Bowring posed during his Year in Review presentation at PJM's Annual Meeting last week, setting off a lively debate with...
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pjm

Bid for Generator Price Flexibility Draws Debate Over 10% Adder

Apr 27, 2015
By Suzanne Herel and Rich Heidorn Jr. WILMINGTON, Del. — Calpine won stakeholder approval for an initiative that could give generators more flexibility in pricing following an unusually lengthy debate before the Markets and Reliability Committee Thursday. Dave Pratzon, representing Calpine, presented a problem statement and issue charge arguing that...
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PJM Members Tighten Lost Opportunity Cost Rules; Tech-Specific Eligibility Retained

Technology-Specific Eligibility Retained
Apr 27, 2015
By Suzanne Herel WILMINGTON, Del. — PJM stakeholders last week approved tighter rules on generator lost opportunity costs but rejected a proposal to limit eligibility to the most flexible combustion units. The rules concern compensation for combustion turbines that are scheduled in the day-ahead energy market but not committed in...
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pjm

PJM Markets and Reliability Committee Members Committee Briefs

Markets and Reliability Committee
Mar 30, 2015
WILMINGTON, Del. — The MRC endorsed the following Thursday: Manual 11: Energy & Ancillary Services Market Operations — Updates manual to include a method for screening of demand bids by load-serving entities, as approved by the Federal Energy Regulatory Commission in November (ER14-2976). Bids are limited to the LSE’s calculated zonal peak...
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PJM May Consider Hourly Pricing for Generators

Mar 30, 2015
Michael Brooks
By Michael Brooks WILMINGTON, Del. — PJM members were asked last week to consider allowing generators to revise their offers hourly to reflect changes in gas prices. ISO-NE graphical description of self-dispatch unit using pricing flexibility. PJM is the only RTO in the U.S. that does not allow generators to...
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Monitor: Winter Prices Boosted PJM Prices, Raise Withholding Concerns

Mar 16, 2015
Rich Heidorn Jr.
By Rich Heidorn Jr. PJM’s markets were generally competitive in 2014, but last winter’s cold resulted in a 37% increase in LMPs and raised concerns about economic withholding, the Independent Market Monitor said in its annual State of the Market report, released Thursday. Market Monitor Joe Bowring said weather-related demand...
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