PJM will ask FERC to choose between capacity market proposals by its staff and its Market Monitor (MOPR-Ex) to insulate its market from state subsidized generation.

Some PJM generators will have additional time to submit unit-specific exemptions to the MOPR before the RTO’s capacity auction next month.

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 long-awaited capacity construct redesign will have to wait at least another month for endorsement by the Markets and Reliability Committee.

PJM’s Independent Market Monitor faced a barrage of questions at the final stakeholder evaluation of its MOPR-Ex capacity market proposal.

MISO will pre-emptively refile its current resource adequacy construct for FERC approval Friday.

PJM staff unveiled their proposal on price formation at last week’s Markets and Reliability Committee meeting.

In a 3 to 0 vote (McIntyre and Powelson did not participate), FERC again rejected the PJM compromise on the minimum offer price rule (MOPR).

PJM’s Capacity Construct/Public Policy Senior Task Force reviewed the results of a vote on proposals to re-envision the RTO’s capacity market structure.

An appellate court ruling on the PJM minimum offer price rule (MOPR) has created disagreement among stakeholders on how to proceed.