PJM Critical Issue Fast Path (CIFP)
PJM has decided not to refile several components of its proposed capacity market redesign that was rejected by FERC in February.
The Markets and Reliability Committee will vote on whether to endorse proposed revisions to Manual 18 to reflect redesigns drafted through the Critical Issue Fast Path process.
PJM stakeholders received updates on the RTO's plan for long-range transmission planning and utilities' supplemental projects to deal with growing data center load.
PJM’s Market Implementation Committee endorsed by acclamation a proposal to add two energy market parameters for economic demand response.
A group of demand response providers in PJM proposed adding two hours to the availability window that binds when the resource can be deployed by the RTO.
FERC has rejected a PJM proposal to rework the role of performance penalties in its capacity market and how the associated risks can be reflected in seller offers.
Ohio and Pennsylvania lawmakers met in Columbus for a hearing on the future reliability of the PJM grid, quizzing RTO and industry insiders on the role states can have in maintaining resource adequacy.
FERC approved PJM's proposal to rework several areas of its capacity market centered around aligning how resources’ capacity contributions match up to system risk analysis.
The Market Implementation Committee discussed PJM's analysis of how proposed Critical Issue Fast Path filings before FERC might have impacted the 2024/25 Base Residual Auction results.
PJM and stakeholders spent much of 2023 debating how to position the RTO's markets to be prepared for future severe weather and maintain the balance between retiring fossil generation and renewable development.
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