PJM staff unveiled their proposal on price formation at last week’s Markets and Reliability Committee meeting.

PJM's proposal to change the Incremental Auction process was seven votes short of receiving the support needed, despite months of negotiation.

A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on Dec. 7, 2017.

Members approved a Tariff revision setting 78.5% as the balancing ratio to be used in calculating the default market seller offer cap for the 2021/22 BRA.

PJM will meet to address stakeholder concerns over how the integration of the Ohio Valley Electric Corp. into the RTO would affect existing members.

After nine years at the Delaware PSC, John Farber retired last week. He hopes it’s for good this time.

Consumer representatives and the Independent Market Monitor expressed concern at the MRC over PJM’s plans for vetting energy offers exceeding $1,000/MWh.

Representatives grilled PJM officials at the Markets and Reliability Committee meeting over proposed changes to price-responsive demand (PRD) bids.

A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on Oct. 26, 2017.

PJM hit a snag attempting to calculate the market seller offer cap (MSOC) for Capacity Performance units for the 2021/22 delivery year.