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.

Our summary of issues discussed and voted on at the PJM MRC and MC on Thursday, 6/26/14 with no surprises or lengthy debate.

PJM will attempt to win approval for limited changes to the compensation rules for black start units and a plan for selecting “backstop” resources for regions that fail to secure service through competitive solicitations.

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.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 06/26/14. 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.

Questions multiplied faster than answers last week following an appellate court ruling that threw out FERC's jurisdiction over demand response (DR) compensation.

PJM stakeholders agreed to consider ways to make it easier for banks to purchase capacity providers’ revenue streams.

PJM won approval of its short-term plan for capturing reserve costs in energy prices after agreeing to a sunset provision that won over load representatives.

Stakeholders last week approved new rules designed to ease the way for public policy transmission projects, but Maryland regulators said they may be irrelevant because of parallel rules proposed by PJM Transmission Owners.