Members approved PJM’s methodology for limiting capacity imports but soundly rejected the RTO’s proposal to change the way DR clears in the capacity market.
RTO Insider's summary of the issues scheduled to be brought before a special meeting of the Markets and Reliability Committees (MRC) Thursday, November 14, 2013.
Stakeholders began work last week on an initiative to create more accurate capacity market price curves and a recommendation by the Market Monitor to eliminate adders for FMUs.
PJM planners expect to recommend construction of a $1.2 billion double circuit 345 kV line to address a short circuit problem in the PSEG zone.
Payments to black start generators could more than double under proposals scheduled to go to a stakeholder vote today.
PJM proposed a change in its real-time pricing mechanism, saying the current methodology is depressing energy and reserve prices.
AP South and the Cleveland Interface attracted the most attention in PJM’s inaugural window for proposed congestion relief upgrades.
PJM’s weather normalized summer peak increased by almost 1% in 2013, the largest increase since load growth resumed after the recession.
The Planning Committee approved a manual change that will result in PJM identifying potential transmission upgrade requirements earlier in the study process.
PJM CEO Terry Boston and Federal Energy Regulatory Commissioner Cheryl LaFleur kicked off PJM’s third annual Grid 20/20 conference in Philadelphia last night.