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May 19, 2024

auction revenue rights (ARRs)

PJM MIC Briefs: Sept. 11, 2019
After a one-month delay, the PJM Market Implementation Committee endorsed two packages to update the RTO’s opportunity cost calculator.
PJM Monitor Reiterates Concerns in Quarterly SOM Report
The PJM Monitor remains unconvinced that performance metrics during localized load sheds should be used to calculate capacity market default offer caps.
Monitoring Analytics
FERC Accepts Revisions to PJM’s Long-term FTR Auctions
FERC accepted revisions to long-term PJM FTR auctions to correct current processes that might overstate available system capacity and harm ARR holders.
PJM PC/TEAC Briefs: Aug. 9, 2018
PJM is asking stakeholders for the opportunity to investigate whether operating parameters for inverter-based generators create a reliability risk.
IMM: PJM 2018 Capacity Auction was ‘Not Competitive’
In his quarterly state of the market report, the PJM IMM said the results of the 2018 Base Residual Auction show the need to change its capacity offer cap.
HSU Builders
DC Circuit Upholds FERC Order on PJM FTRs
FERC sufficiently justified its decision to revise how PJM allocates revenues from transmission congestion, the D.C. Circuit Court of Appeals ruled.
MISO, PJM Seek Incremental ARR Coordination
MISO and PJM plan to unveil rule changes that will better synchronize how they manage incremental auction revenue rights along their seam.
Monitoring Analytics, PJM State of the Market Report, Q1 2018
PJM Prices up Sharply in Q1, Monitor Says
January’s cold weather resulted in a sharp increase in natural gas and power prices in the first quarter, PJM’s Independent Market Monitor reported.
SPP
Fast-Start Resource Pricing Adds to SPP’s Workload in 2018
The Dec. 21 FERC order requiring SPP to help fast-start resources set LMPs added one more to-do for the RTO in what is shaping up to be a busy 2018.
PJM Market Implementation Committee Briefs: Dec. 13, 2017
PJM stakeholders endorsed examining the aggregation rules for seasonal demand response, but not before thoroughly questioning EnerNOC.

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