PJM Markets and Reliability Committee (MRC)
Members overwhelmingly approved revised methodology that will limit external generation resources in next year's base capacity auction to 6,200 MW - a 17% drop from the volume of that cleared in May's auction.
Members approved PJM’s methodology for limiting capacity imports but soundly rejected the RTO’s proposal to change the way DR clears in the capacity market.
RTO Insider's summary of the issues scheduled to be brought before a special meeting of the Markets and Reliability Committees (MRC) Thursday, November 14, 2013.
PJM will require all steam generators to adjust their capacity ratings based on summer peak load conditions under manual changes outlined to the PC and MIC last week.
After two marathon committee meetings failed to narrow choices, members will vote beginning today on more than a dozen proposals to make demand response more flexible and eliminate arbitrage opportunities in capacity auctions.
The PJM Markets and Reliability and Members committees approved the following measures with little discussion at their October 24th meeting.
The PJM MRC heard first readings on the manual changes listed below. The committee will be asked to endorse the changes — excluding those for Manual 28, which is already in effect — in November.
The PJM MRC endorsed the following manual changes at their October 2013 meeting.
PJM’s capacity import limit seems to be changing almost daily, based on reports provided to stakeholders.
PJM Transmission owners said they will address transparency concerns over their load calculations, but insisted the issue be resolved by their committee rather than in the MRC.
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