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December 7, 2025

PJM Market Implementation Committee (MIC)

MIC Seeks Better Way to Draw Capacity Supply Curve
The PJM MIC will consider modifying the algorithm used for publishing supply curves resulting from the annual capacity market auction.
No Changes for Wind BOR, Forecasting Costs
PJM will continue its current methods for calculating wind farms’ operating reserve charges and allocating costs of its wind forecasting tool. The Intermitt...
Model Changes May Cut Reserve Prices in PJM East
Reserve market prices in eastern PJM are likely to drop in June as PJM implements a new model for calculating interface transfer capabilities. Adam Keech, P...
Manual, Tariff Changes: Residual Zones, EKPC, Loss of Internet, Regulation Market
The Market Implementation Committee approved changes to implement Residual Zone Pricing, the integration of the East Kentucky Power Cooperative and market pr...
MIC OKs Options to Reduce FTR Shortfalls
The Market Implementation Committee gave preliminary approval Wednesday to two proposals for lowering the risk of FTR revenue shortfalls. The two proposals ...
MIC OKs UTC Credit Requirement
The Market Implementation Committee endorsed a first-ever credit requirement for up-to-congestion transactions. The new rule, a consensus resulting from 12 C...
PJM Outlines ‘Crisper’ Approach to Stakeholder Initiatives
PJM last week announced a two-step process for defining new initiatives and tools prioritizing its growing stakeholder workload. The Market Implementation C...
Back to the Drawing Board on FTR Forfeitures for Incs, Decs
PJM and its Market Monitor still don’t agree on how the Financial Transmission Rights forfeiture rule should be applied. But they have at least reached conse...
PJM to Alter Practice on Billing Transfers
In response to recent bankruptcy court rulings, PJM will no longer incorporate billing line item transfers when calculating member credit requirements, RTO o...
Demand Response Calls Expected to Grow in 2014
PJM expects to call on its demand response resources from five to nine times per year starting in the 2014/15 delivery year, up from an expected one to five ...

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