PJM

RSS

(Click to zoom.) PJM wants a one-time waiver to avoid releasing 2,000 MW of capacity for the 2015/16 delivery year, when the RTO fears it may run short of resources due to retirements of coal-fired generation. PJM officials told the Markets and Reliability Committee Dec. 18 that they would seek...

PSEG Nuclear last week called on PJM’s Board of Managers to prevent planners from using what the company said is unproven technology in the stability fix for Artificial Island. The company, operators of the island’s Salem and Hope Creek nuclear plants, said a proposal by Dominion Resources could result in...

By Suzanne Herel PJM is seeking to reach a consensus with neighboring RTOs on a long-term increase in the $1,000 energy offer cap. PJM CEO Terry Boston said that he proposed a joint approach to ISO-NE and NYISO at an ISO/RTO Council Markets Committee meeting last week. Boston said he...

By Suzanne Herel (Click to zoom) PJM on Thursday announced a fallback plan to incorporate demand response into the capacity market in the event a D.C. Circuit Court of Appeals ruling limiting the jurisdiction of the Federal Energy Regulatory Commission is allowed to stand. PJM General Counsel Vince Duane presented...

PJM last week filed Tariff revisions in response to an order by the Federal Energy Regulatory Commission requiring it take steps to prevent fleet owners from receiving reactive power payments from retired or sold generators (EL15-15). (See Impatient FERC Orders Immediate PJM Action on Reactive Power Payments to Retired Plants.)...

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...