PJM Critical Issue Fast Path (CIFP)
The Critical Issue Fast Path process (CIFP) was added to PJM Manual 34 in 2019 to provide the PJM Board and members a way to resolve “contentious issues with known PJM and/or FERC implementation deadlines” that were not resolved in the normal stakeholder process.
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Stakeholders continued to refine proposals to overhaul PJM’s capacity market through the second phase of the RTO’s critical issue fast path process.
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The PJM Markets and Reliability Committee on Wednesday endorsed a new renewable dispatch structure proposed by the RTO and the Independent Market Monitor.
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PJM presented a draft proposal to delay the next four Base Residual Auctions to the Members Committee during a special meeting.
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PJM proposed a new reliability metric to address resource adequacy concerns as stakeholders moved forward with plans to overhaul the RTO's capacity market.
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The PJM Board of Managers on Monday announced it will seek a delay in the 2025/26 Base Residual Auction scheduled for this June, as well as future auctions.
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PJM's vice president of market design told the MRC that the RTO is delaying its estimation of when it will be publishing a report on the December winter storm.
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PJM needs to slow the pace of generation retirements to avoid reliability problems by 2030, CEO Manu Asthana told the Electric Power Supply Association.
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PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.
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PJM stakeholders requested that the Board of Managers provide more information about its initiation of a fast-track process to address reliability concerns.
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