PJM
PJM Board of ManagersPJM Market Implementation Committee (MIC)PJM Markets and Reliability Committee (MRC)PJM Members Committee (MC)PJM Operating Committee (OC)PJM Other Committees & TaskforcesPJM Planning Committee (PC)PJM Transmission Expansion Advisory Committee (TEAC)
PJM Interconnection LLC is a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
The cost of GreenHat Energy’s default could rise by $250-$300 million if PJM is forced to unwind settlements of the financial transmission rights portfolio.
PJM must unwind five months of settlements for GreenHat Energy financial transmission rights that should have been liquidated sooner, FERC ruled.
PJM riled stakeholders when it rejected manual language approved by more than two-thirds of members on transmission owners’ end-of-life projects.
The MRC endorsed a change to align PJM’s Tariff with manual language on the process for requesting incremental capacity transfer rights calculations.
PJM members were unable to reach consensus on any of five proposals to improve price formation for energy and reserves Thursday.
American Electric Power (NYSE:AEP) reported strong 4th quarter and year-end earnings in line with analysts’ expectations and expect it to continue in 2019.
Calpine’s modification of PJM’s energy price formation proposal emerged as the first choice members will consider at Thursday’s Markets and Reliability Committee meeting.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability (MRC) and Members committees (MC) on Jan. 24, 2019.
The Maryland PSC extended its review of Transource Energy’s Independence Energy Connection to allow parties to provide evidence on alternatives.
Independent Market Monitor Joe Bowring said PJM’s proposed revisions to how it prices reserves necessitates changes in the capacity market.
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