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By Suzanne Herel PJM acknowledged last week that the cost allocation for its Artificial Island stability fix may “appear disproportionate” but said its hands are tied by cost allocation rules proposed by transmission owners and approved by FERC. Because the project is considered a lower-voltage facility, the cost of LS...
VALLEY FORGE, Pa. — PJM staff is recommending a 27% winter reserve target, the same value adopted last year, as the RTO plans for generator maintenance. The target is based on unit summer ratings and expressed as a percentage of the forecasted weekly peak load. It is derived from simulations...
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;...
The Planning Committee last week approved an increase in PJM’s Installed Reserve Margin despite misgivings by some who said the rise seemed counterintuitive under the RTO’s Capacity Performance program and other efforts to reduce generator outages. The Reserve Requirement Study results were endorsed by a 100-2 vote with 35 abstentions.
PJM and MISO will make a joint filing with FERC later this year to eliminate the $20 million minimum for interregional market efficiency projects, PJM officials told the Transmission Expansion Advisory Committee last week. The two RTOs indicated their willingness to do so in response to a complaint by Northern...
PJM Seeks Tariff Change to Release Excess Capacity
Oct 5, 2015
VALLEY FORGE, Pa. — PJM is proposing a Tariff change that would allow it to release Base Capacity resources to reflect the Capacity Performance resources it acquired in the transition auctions for the 2016/17 and 2017/18 delivery years. The RTO uses its incremental auctions to sell excess capacity, or purchase...
By Rich Heidorn Jr. Generators asked PJM stakeholders last week to consider changes to the RTO’s new Capacity Performance program, saying the rules approved by the Board of Managers without stakeholder consensus are overly punitive. A group calling itself the “Supplier Coalition” asked the Markets and Reliability Committee to consider...
By Suzanne Herel VALLEY FORGE, Pa. — Nearly everyone who spoke at last week’s PJM Members Committee meeting agreed that stakeholder discussions are enhanced by the participation of the Consumer Advocates of the PJM States. But not everyone wants to pay to have them in the room. A proposal by...
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability and Members committees Thursday. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage in RTO...
By Suzanne Herel The authors of four competing proposals to change the $1,000/MWh energy market offer cap have agreed to put forward one plan for consideration by the PJM Markets and Reliability Committee on Thursday — the last chance stakeholders will have to come to consensus before the Board of...