Capacity Performance (CP)
FERC said it needed more time to consider rehearing requests of its June 9 order largely approving PJM’s Capacity Performance plan.
AEP celebrated increased second-quarter profits last week, but the company said it still needs the PUCO to approve the so-called “guaranteed rate” plan to support its generating plants.
A summary of measures approved by the PJM Markets and Reliability Committee on July 23, 2015.
PJM will delay the transition auctions for the new Capacity Performance regime to comply with a Federal Energy Regulatory Commission order that the RTO include demand response and energy efficiency.
Our summary of the issues scheduled for votes at the PJM MRC on 07/23/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
PJM told FERC it should reject requests to incorporate demand response and energy efficiency in upcoming transition auctions for the RTO’s new Capacity Performance regime.
Members warned PJM officials that the way the RTO plans to calculate Capacity Performance could lead generators to ignore dispatch instructions.
A round-up of news from the PJM Operating Committee on July 7, 2015.
State regulators, consumer advocates, generators and the Independent Market Monitor asked FERC to modify its June 9 order largely approving PJM’s Capacity Performance plan.
PJM on Thursday delayed a vote on manual changes for the Capacity Performance plan, sidestepping a potential confrontation with anxious stakeholders.
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