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Home » Topics » RTO Insider » PJM

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PJM Delays Vote on Capacity Performance Rules

Jun 26, 2015
Rich Heidorn Jr.
By Rich Heidorn Jr. WILMINGTON, Del. — PJM officials Thursday delayed a vote on manual changes for the Capacity Performance plan, sidestepping a potential confrontation with anxious stakeholders. The agenda for Thursday’s Markets and Reliability Committee said PJM would seek endorsement of the Manual 18 changes, which run for more...
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pjm

PJM Stakeholders Rush to Figure out What’s Changing for the BRA

Jun 22, 2015
By Suzanne Herel With just seven weeks until PJM conducts its first Base Residual Auction incorporating the newly approved Capacity Performance product, stakeholders gathered last week for a peek at the comprehensive changes Manual 18 must undergo before resources begin submitting offers. But there were more questions than clarity at...
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pjm

PJM MRC Preview

Jun 22, 2015
Below is a summary of the issues scheduled to be brought to a vote at the Markets and Reliability Committee on 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 Insider.
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Boston Retirement Prompts Additional Promotions at PJM

Jun 22, 2015
PJM's promotion of Andy Ott to replace retiring CEO Terry Boston has prompted a series of additional organizational changes and promotions effective July 8. From left to right: Mike Bryson, Stu Bresler, Nora Swimm and Thomas O'Brien. Ott, formerly executive vice president of markets, becomes CEO-elect. Mike Kormos, formerly executive...
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PJM Operating Committee Briefs

Problem Statement Targets Marginal Benefits Factor
Jun 15, 2015
VALLEY FORGE, Pa. — PJM staff introduced a problem statement at last week’s Operating Committee meeting to address concerns that the RTO is purchasing too much fast-responding “RegD” resources, which is negatively affecting regulation and reliability. The problem statement calls for a reevaluation of the marginal benefits factor used in...
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pjm

PJM Transmission Expansion Advisory Committee Briefs

Board Hears Complaints over Artificial Island Fix, Cost Allocation
Jun 15, 2015
VALLEY FORGE, Pa. — Maryland and Delaware officials are protesting PJM’s proposal to allocate most of the cost of the stability fix at Artificial Island to Delmarva Power & Light ratepayers. PJM planners expect to present their recommended fix to the Board of Managers on July 27, after a meeting...
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PJM Market Implementation Committee Briefs

Stakeholders Question New Approach to IMEA’s Capacity Dilemma
Jun 15, 2015
VALLEY FORGE, Pa. — A months-long debate over whether to create “historic” capacity rights for some load-serving entities took a twist last week when PJM staff returned with a different proposal angled to achieve the same result. “This has very little similarity, if any, to the previous approach,” PJM’s Jeff...
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PJM Planning Committee Briefs

PJM Lowers Proposed Tx Project Study Fee
Jun 15, 2015
VALLEY FORGE, Pa. — PJM will propose a two-tiered fee schedule for proposed transmission projects, officials told the Planning Committee last week. Instead of asking for $30,000 to study any project costing at least $20 million, it will request that amount only for projects of at least $100 million. For...
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Why Did PJM Grid Fare Better This Winter?

Jun 15, 2015
By Suzanne Herel VALLEY FORGE, Pa. — This winter bumped aside last year’s peak load record, but PJM's system experienced a fraction of the stress brought on by the January 2014 polar vortex. Generator outage rates, which exceeded 20% in 2014, were generally less than 15% in 2015. Peak loads...
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pjm

FERC OKs PJM Capacity Performance: What You Need to Know

Auction to be Held Week of Aug. 10
Jun 15, 2015
Rich Heidorn Jr.
By Rich Heidorn Jr. and Suzanne Herel The Federal Energy Regulatory Commission on Tuesday approved PJM's dramatic restructuring of its capacity market, saying the changes were justified by “the combination of deteriorating resource performance and the ongoing change in the resource mix in the PJM region.” The proposal, a response...
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