PJM Markets and Reliability Committee (MRC)
PJM's Markets and Reliability Committee endorsed by acclamation an issue charge by Constellation Energy focused on how storage as a transmission asset could be implemented in the RTO.
The PJM MRC endorsed an issue charge to hire a consultant to investigate the pros and cons of a sub-annual capacity market and what designs stakeholders feel would be feasible.
Stakeholders rejected the installed reserve margin and forecast pool requirement values recommended by PJM staff, with some opposed arguing that the inputs remain nebulous.
PJM will present its recommended forecast pool requirement and installed reserve margin for endorsement by the Markets and Reliability and Members committees.
Looking ahead to the possibility of future emergency orders from the DOE, stakeholders endorsed a PJM issue charge to establish a more permanent set of rules for how to allocate the cost of keeping generation online beyond its desired deactivation date when ordered by the federal government.
Committee business included a quick-fix package to expand the definition of dual-fuel generation in the Reliability Assurance Agreement to include generation capable of running on a backup fuel type with off-site storage and dedicated delivery.
PJM's Markets and Reliability Committee discussed a problem statement and issue charge brought by Pennsylvania Gov. Josh Shapiro to open a discussion on establishing a sub-annual capacity market design.
PJM and members will review proposals for allocating the costs of keeping Eddystone Generating Station operating under a Department of Energy emergency order.
The PJM Markets and Reliability Committee endorsed a proposal intended to add transparency to the RTO’s effective load-carrying capability process.
PJM will present a proposal aiming to make the RTO’s effective load-carrying capability (ELCC) process more transparent.
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