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PJM planners expect to recommend construction of a $1.2 billion double circuit 345 kV line to address a short circuit problem in the PSEG zone, ruling it less expensive than other alternatives. The 2012 Regional Transmission Expansion Plan identified several busses where fault currents exceed 80 kA. Planners evaluated several...
PJM proposed a change in its real-time pricing mechanism, saying the current methodology is depressing energy and reserve prices. PJM told the Market Implementation Committee Wednesday that it will propose a problem statement to consider increasing reserve requirements under certain circumstances. The revised methodology could increase reserve and real-time energy...
AP South and the Cleveland interface attracted the most attention in PJM’s inaugural window for proposed market efficiency upgrades. PJM staff provided the Transmission Expansion Advisory Committee last week with a summary of 17 proposals ranging from $200,000 to $64 million. Merchant developer LS Power was the most ambitious, proposing...
PJM’s weather normalized summer peak increased 950 MW in 2013, the largest increase since load growth resumed after the recession. The 0.6% increase over 2012 is “no great shakes but moving in the right direction,” PJM’s John Reynolds told the Planning Committee during a briefing last week. The peak was...
PJM will reduce the volume of imports that clear in next year’s Base Residual Auction – potentially increasing capacity prices – under methodology approved by the Planning Committee yesterday. The committee approved revised methodology that will create five import zones and limit external resources in next year’s BRA to 6,200...
Rep. Ed Whitfield Sen. Joe Manchin (D-WV) and Rep. Ed Whitfield (R-KY) introduced legislation to block proposed regulations on greenhouse-gas emissions from new power plants and grant Congress authority to decide when a rule making for existing plants would take effect. The bill also would require the Environmental Protection Agency...
The Markets and Reliability and Members committees approved the following measures with little discussion at their meetings last week. Markets and Reliability Committee Installed Reserve Margin Reason for changes: The IRM, which determines PJM’s capacity targets in the base auction, is revised annually. Impact: The committee endorsed PJM staff’s recommendation to increase...
The Markets and Reliability Committee last week endorsed the following manual changes: Manual 3: Transmission Operations Reason for changes: Update. Impact: Adds language regarding approval of emergency rating changes; added applicability for individual generators greater than 20 MVA; clarified reference to voltage coordination; revised outdated references. Manual 10: Pre-Scheduling Operations...
PJM’s plans to limit capacity imports seem to be changing almost daily, based on reports provided to stakeholders. Officials have said they expect to set an overall import limit of less than 11,000 MW in addition to several directional limits. Officials told the Planning Committee Oct. 18 that they were...
Transmission owners said last week that they will address transparency concerns over their load calculations but insisted the issue be resolved by their committee rather than in the Markets and Reliability Committee. The MRC approved a problem statement in June after industrial customers complained that two-thirds of PJM’s transmission owners...
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