PJM stakeholders at the Markets and Reliability Committee meeting endorsed the second phase of an initiative with MISO to address overlapping congestion.
PJM assured Pennsylvania legislators that the state has ample power generation for its needs and cautioned that fuel diversity will not ensure reliability.
PJM has a lot on its plate for 2018, including an ongoing effort to change its capacity market structure, the DOE NOPR and gas-electric coordination.
PJM’s initiative to internalize all generator payments moved forward at the MRC when stakeholders endorsed the RTO’s proposal to examine price formation.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee on Dec. 21, 2017.
PJM staff unveiled their proposal on price formation at last week’s Markets and Reliability Committee meeting.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on Dec. 7, 2017.
PJM released a proposal for revising price formation rules in its energy markets, which staff estimate could increase market costs by as much as $1.4 B.
The CEOs of Exelon, PSEG and Dominion praised proposed price supports for nuclear and coal generators during their third-quarter earnings calls.
PJM agrees there is an issue with maintaining reliability, but not the one suggested by the DOE's recent call for price supports for coal and nuclear.