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The following items were approved unanimously by the Markets and Reliability Committee Thursday with little discussion or debate. Tariff Revisions to Metered Load Aggregates The MRC approved an alternate method for establishing bus distribution factors for zonal and residual metered load aggregates used by the day-ahead energy market. If there...
Below is a summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee 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.
PJM stakeholders last week agreed to review modeling practices that the RTO said may be shortchanging loads with transmission agreements that pre-date the RTO’s capacity market. Members of the Market Implementation Committee approved a problem statement proposed by Stu Bresler, vice president of market operations. Bresler said PJM's capacity modeling...
PJM and MISO have reached agreement on a new product for interchange transactions similar to the Coordinated Transaction Scheduling (CTS) product PJM launched Nov. 4 with NYISO. The product is intended to reduce uneconomic flows between PJM and its western neighbor. PJM says almost half of the transactions from PJM...
PJM’s Market Implementation Committee will begin work in January on an initiative to consider whether the RTO should be required to provide more notice to the market before introducing “closed loop” interfaces to capture operator actions in pricing. The MIC last week approved an issue charge by DC Energy’s Bruce...
By Suzanne Herel Wetlands transmission line installation. (Source: Pepco Holdings Inc.) Four companies vying for a contract to address stability problems at Artificial Island squared off in a tense PJM Transmission Expansion Advisory Committee meeting Dec. 9 before an unexpected crowd that required organizers to employ an overflow room. The...
By Rich Heidorn Jr. PJM Market Monitor Joe Bowring said last week that the RTO should exclude supply-side stakeholders from participating in the drafting of cost development guidelines that determine generator compensation. Bowring, speaking at PJM’s annual Market Monitoring Unit Advisory Committee meeting Friday, said he is contemplating a filing...
PJM’s most recent competitive window for transmission projects attracted 63 proposals from 12 entities, the majority of them transmission owner upgrades. The second window in the 2014 Regional Transmission Expansion Plan was open to proposals addressing transmission owner criteria, 2019 baseline n-1 voltage, 2019 n-1-1 voltage and 2018 light load...
PJM began voluntary winter testing of infrequently used generators last week, one of the RTO’s efforts to avoid the high level of forced outages last January. “We had some units fail to start,” PJM’s Dave Schweitzer said. “That justifies this testing.” The testing is open to units that have not...
By Suzanne Herel PJM is reducing its load forecast for 2018 by 2.6%, due in part to a temporary change in modeling that aims to address over-forecasting in recent years. Acknowledging criticism that its forecasts have overestimated economic growth and failed to capture energy efficiency and behavioral changes that have dampened...