PJM Members Committee (MC)
The Independent Market Monitor has argued energy efficiency can’t participate as a capacity resource because the load reductions already are accounted for in PJM’s load forecast.
Consumers and electric distributors in PJM opposed a proposal to revise two financial parameters used to calculate the cost of new entry input to the 2027/28 Base Residual Auction.
The PJM Markets and Reliability Committee voted to eliminate energy efficiency from the capacity construct, adopting a proposal from the Monitor.
PJM proposes tightening "know your customer" rules, which require members to provide information to facilitate the due diligence PJM conducts on key decision-making leadership.
The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.
The PJM Markets and Reliability Committee will consider proposed revisions to Manual 12 and Manual 13, along with several other agenda items.
PJM’s Markets and Reliability Committee endorsed a proposal to align the day-ahead energy market commitment cycle with the daily gas nomination deadlines.
The Markets and Reliability Committee will vote on whether to endorse proposed revisions to Manual 18 to reflect redesigns drafted through the Critical Issue Fast Path process.
Here's a look at the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings on May 22, 2024.
The Members Committee voted to re-elect three members of the PJM Board of Managers, even though several advocates voted against the re-elections to express their frustration.
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