PJM Markets and Reliability Committee (MRC)
PJM said it will change Manual 11’s rules regarding compensation for demand response despite a lack of stakeholder support.
Preparing for a new scheduling product, the PJM Markets and Reliability Committee last week approved collateral rules for export transactions.
PJM’s attempt to address speculation in the capacity market collapsed Thursday as members failed for the second time in three months to reach consensus on rule changes.
In a highly unusual move, PJM members Thursday balked at endorsing proposed manual changes governing when Economic demand response qualifies for payment.
Stakeholders last week agreed to develop technical standards for “smart” inverters that can allow solar PV and other renewables to provide reactive power.
PJM Members last week approved revisions to the Operating Agreement to allow PJM to share non-public operational information with natural gas pipelines and local distribution companies.
Black start generators anticipating increased compensation came away empty handed Thursday as stakeholders rejected two proposals that would have boosted payments to existing units by at least 40%.
PJM transmission owners will publicly post the calculations they use to allocate energy, capacity and transmission costs under a plan outlined to the Markets and Reliability Committee.
PJM officials told members last week they want to accelerate the schedule of the quadrennial review of the Cost of New Entry (CONE) by two months.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 02/27/14. 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.
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