The MRC discussed the market seller offer cap and capacity performance quantifiable risk at the behest of stakeholders concerned about current constructs.

PJM’s Brian Chmielewski will review a proposal addressing capacity interconnection rights for effective load-carrying capability resources.

PJM's MRC rejected two proposals that would have created a “circuit breaker” mechanism to limit prices during extended periods of high prices.

PJM said it will ask FERC to modify the rules of its 2024/25 capacity auction to avoid artificially high prices in one region of the RTO.

A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings.

PJM stakeholders rejected a proposal from the Illinois CUB to require that at least one member of the Board of Managers have clean energy qualifications.

PJM CEO Manu Asthana will deliver opening remarks to the MRC, followed by a presentation on diversity, equity and inclusion by chief DEI officer Michael Coyle.

PJM's MRC rejected two proposals intended to allow market sellers to represent a greater degree of the risk they take on when entering the capacity market.

Here's a summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings Wednesday.

The PJM MRC will vote on rules governing the inclusion of variable environmental charges in cost-based offers and four sets of capacity auction parameters.