PJM's MIC OK'd rules on accounting for PTC/REC revenue and dealing with long-term market suspensions and discussed a loophole allowing CTs to ignore dispatch.

PJM's top security officer briefed stakeholders on the RTO's responses to the latest cyber threats, including hostile activity by Russia and its allies.

PJM responded to its Market Monitor’s latest recommendations, noting that many of the issues are in the scope of current stakeholder discussions.

The PJM MIC discussed rules on including environmental credits in energy offers, setting pricing during market suspensions and DR for weather-sensitive load.

Stakeholders at a PJM Market Implementation Committee meeting peppered RTO staff with questions about a proposal on cost-based energy offers.

PJM MIC members last week unanimously endorsed a revised proposal from the RTO and its Independent Market Monitor to address start-up cost offer development.

PJM presented an updated proposal addressing start-up cost offer development to the MIC after being sent back to a subcommittee for more work.

PJM delayed a vote at the Market Implementation Committee meeting on a proposal addressing pseudo-modeled combined cycle minimum run time guidance.

The PJM Market Implementation Committee endorsed an issue charge to study the treatment of generation with co-located load.

PJM staff told stakeholders they were seeking to move the upcoming BRA originally scheduled for later this month to the end of June to comply with FERC.