Six sponsors submitted proposals to relieve 15 congested facilities in the “market efficiency” window that closed Sept. 26, officials told the Transmission Expansion Advisory Committee.
Company briefs on some of the companies doing business in PJM: Constellation, Exelon, and FirstEnergy, as well as news on the MISO South integration and on ESCO revenues.
Emergency demand response produced 85% to 97% of promised reductions during the July heat wave.
The Planning Committee endorsed PJM staff’s recommendation to increase the Installed Reserve Margin (IRM) to 16.2% for delivery year 2014/15 (up from 15.9% in the 2012 analysis).
PJM will flag potential upgrade requirements earlier in the transmission study process under manual changes outlined last week to the Planning Committee.
PJM has narrowed the list of favored solutions to the Artificial Island stability problems, officials told the Transmission Expansion Advisory Committee.
The capacity market and the role of demand response dominated the discussion as more than 170 state regulators, PJM staff and stakeholders gathered here for the OPSI annual meeting last week.
State regulators and the PJM Board of Managers publicly buried the hatchet over the RTO's contract with Monitoring Analytics. But some tensions remain.
Capacity imports could clear at lower prices than internal resources under proposed import limits being considered by PJM.
PJM will perform a cost-benefit analysis before proceeding with a combined-cycle bidding model expected to cost up to $1 million.