PJM Markets and Reliability Committee (MRC)
PJM TOs flexed their muscles Wednesday, uniting to reject proposals to allow network load customers more frequent opportunities to switch to nodal pricing.
Unexpected imports from New York — not the mobilization of demand response — caused the heat wave price crash July 18 after spiking to $465/MWh amid the hottest day of the summer.
The MRC heard first readings on two proposed manual changes. The changes were to manual 14B and 28. Read our story for details.
Constraints that can be quickly and cheaply resolved would be included in the PJM RTEP under a proposal given first reading at the MRC on Thursday, 8/1/13.
PJM MRC members heard first reading on a problem statement to review potential changes to the Cost of New Entry (CONE) triennial review process on August 1, 2013.
PJM members will be asked tomorrow to approve a new power scheduling option for transactions into the New York ISO to reduce uneconomic power flows.
PJM's MRC approved a tariff amendment so that Wind farms that fail to follow PJM’s electronic dispatch signals will no longer receive lost opportunity cost payments.
The Markets and Reliability Committee approved changes to pjm manuals 1, 12, 19, and 20 on Thursday, August 1, 2013. For details, see our story.
PJM would add new processes for generators seeking exemptions from generation parameters under changes presented to the MRC Thursday, August 1, 2013.
A modified proposal to set earlier deadlines for power plants seeking exemptions from participation in PJM’s capacity market auctions won approval from the MRC and MC on 8/1/13.
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