PJM ordered its first load-shed event since implementing Capacity Performance in 2015 after a transmission line in Indiana tripped offline.

PJM members at last week’s MRC meeting endorsed revisions to an initiative examining the calculation of the balancing ratio used in setting capacity offer caps.

FERC ordered a technical conference to consider whether PJM should move from a year-round to a seasonal capacity market construct.

FERC rejected the Illinois Municipal Electric Agency (IMEA) challenge to the PJM Capacity Performance rules for coal plants.

PJM Market Implementation Committee members expressed frustration over a last-minute proposal from the Monitor on price-responsive demand.

PJM provided updates to their capacity market redesign proposals at last week’s meeting of the Capacity Construct/Public Policy Senior Task Force (CCPPSTF).

Representatives grilled PJM officials at the Markets and Reliability Committee meeting over proposed changes to price-responsive demand (PRD) bids.

PJM hit a snag attempting to calculate the market seller offer cap (MSOC) for Capacity Performance units for the 2021/22 delivery year.

Stakeholders appear to be eyeing the finish line of PJM’s yearlong effort to consider reforming its capacity construct.

Proposals for reforming PJM's capacity markets were presented and explained at a two-day meeting of the Capacity Construct/Public Policy Senior Task Force.