PJM

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PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.

Load interests continued to oppose PJM’s proposal to change the market seller offer cap, a month after it failed to meet the two-thirds endorsement threshold.

The principals of GreenHat Energy will pay PJM $1.4 million to settle claims over the company’s FTR market default, which cost members nearly $180 million.

The PJM MRC will vote on rules governing the inclusion of variable environmental charges in cost-based offers and four sets of capacity auction parameters.

FERC rejected PJM’s plan to change its handling of synchronized reserve events, saying it would likely result in higher prices and over-procurement.

Capping four years of discussions and analysis, PJM held a first read of competing fuel assurance rule changes for black start resources from PJM and the IMM.

DR programs for residential customers and small businesses in PJM are being hampered by a lack of access to meter data, curtailment service providers say.

PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.

Stakeholders urged PJM to delay action on generation deliverability testing until rules on capacity interconnection rights for ELCC resources are complete.

The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.