Capacity Market
PJM asked FERC to approve changes to the capacity auction - and the way that demand response clears within it - after those changes were rejected by stakeholders.
Advanced electric storage devices should be treated like limited demand response resources in the capacity market because of their short run times, PJM says.
PJM generators told FERC that it should go beyond PJM’s qualification rules for demand response providers — with some proposing that planned DR resources be banned from the capacity market.
Looming coal retirements will boost on-peak energy prices in eastern PJM by at least $3/MWh -- with a jump of as much as $11/MWh in the first five years -- according to a newly-released study.
The following PJM manual changes were endorsed by the Markets and Reliability Committee on Nov. 21.
MISO officials signaled their opposition to PJM’s new limits on imports, saying they'll be capacity buyers in the near term as they face a shortfall as early as 2016.
Lacking consensus, PJM dropped plans for a vote on measures to prevent speculation in the capacity auctions, returning the issue to a lower committee.
PJM may seek FERC approval for a plan to change the way demand response clears in capacity auctions despite stakeholders’ rejection of the plan.
The PJM Board of Managers may seek FERC approval for a staff proposal to change the way demand response clears in capacity auctions despite stakeholders’ rejection of the plan.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 11/21/13. 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.
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