A PJM task force has recommended lifting the $1,000 cost-based energy offer cap, but the margin suggests the proposal may have a tough time winning approval.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 08/21/14. 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.

The PJM Markets and Reliability Committee last week heard first reading on proposed deadline changes recommended by the Market Settlement Subcommittee.

PJM’s Board of Managers will ask FERC to approve a proposal opposed by generators to reduce payments to frequently mitigated units (FMUs).

A summary of measures approved by the PJM Markets and Reliability Committee on July 31, 2014.

PJM will increase performance penalties and incentives and seek ways to incorporate firm gas transportation in energy prices under an initiative announced last week to reduce generator outage rates during winter.

Our summary of the issues scheduled for votes at the PJM MRC on 07/31/14. 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.

MISO has agreed to withdraw a unilateral proposal to amend the MISO-PJM joint operating agreement (JOA) after PJM officials expressed concern that it was overly broad.

Generation owners last week helped kill a joint proposal from PJM and the IMM to reduce payments to frequently mitigated units (FMUs).

Members narrowed the scope of a task force created to improve funding of FTR, agreeing to eliminate consideration of balancing congestion.