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Load and supply factions deadlocked Thursday, as members rejected three proposed changes to the Minimum Offer Pricing Rule. The score was nil-nil-nil for proposals by PJM, PSEG and a joint plan backed by Maryland regulators and consumer advocates. At issue was the MOPR unit-specific review process, which sets a floor...
By Kathy Larsen The Federal Energy Regulatory Commission was within its rights to approve PJM’s controversial capacity market rule changes in 2011, a somewhat reluctant federal appeals court ruled Feb. 20, rejecting challenges from New Jersey, Maryland and others. The court also upheld FERC’s approval of changes opposed by the...
Maryland officials aren’t saying what their next move is in the wake of a federal court ruling that voided the state’s contract with developers of a 725 MW combined cycle plant in St. Charles. Judge Marvin Garbis U.S. District Judge Marvin J. Garbis ruled that the “contract for differences” the state...
PJM members Thursday abandoned a year-long effort to establish a long-term capacity product. The Markets and Reliability Committee voted to strip development of a “Long-Term Capacity Auction or alternative multi-year mechanism” from the revised charter for the Capacity Senior Task Force. “We feel that we’ve spent more than enough time...
Andy Ott and Joseph Bowring often disagree. But last week, PJM’s Senior Vice President for markets and the Independent Market Monitor said there’s at least one thing on which they agree: the MOPR unit-specific review process is “flawed, non-transparent and provide[s] too much discretion to PJM and the IMM.” The...
By Rich Heidorn Jr. WHITE SULPHUR SPRINGS, WV — Public interest groups Tuesday scolded PJM for excluding them from the MOPR stakeholder process and for setting its annual meeting at the exclusive Greenbrier resort here. At their annual meeting with the PJM Board of Managers, the public interest groups and...
(May 3, 2013) — The Federal Energy Regulatory Commission yesterday handed PJM a split decision on disputed changes to its Minimum Offer Price Rule (MOPR), allowing the RTO to exempt two categories of resources but denying its request to eliminate its current unit-specific review (ER13-535). In a unanimous decision, the commission...
PJM set the following net-short thresholds by customer type: 150 MW for a single-customer LSE; 1,000 MW for a public power entity; 1,800 MW for a multi-state public power entity, based on a PJM region-wide assessment (or 1,000 MW for three specified Locational Deliverability Areas); or 20 percent of the...
