PJM Interconnection LLC (PJM)
PJM brought a quick fix solution before the Planning Committee, seeking to address the frequency and magnitude of load forecast adjustments being requested by electric distribution companies.
PJM's Operating Committee delayed a vote on manual revisions aimed at reducing the circumstances under which the RTO would provide advance notice of when it will be sharing confidential member information with third parties.
Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.
The 2023 Reserve Requirement Study, which PJM presented to stakeholders, would lead to an uptick in the targeted reserve procurement level.
PJM's Markets and Reliability Committee deferred voting on an issue charge to create a new senior task force focused on compensation for reliability-must-run contracts and the timing of deactivation notices.
None of the 20 proposals PJM and stakeholders drafted through the critical issue fast path to rework the capacity market garnered sector-weighted support from the Members Committee.
PJM and stakeholders presented their final CIFP proposals and posted executive summaries explaining how their packages would redesign the RTO's capacity market.
Columnist Steve Huntoon examines the unintended consequence of reducing aerosol pollution: the acceleration of climate change.
The PJM Members Committee will convene a special meeting to vote on 20 proposals to revise the workings of the RTO's capacity market through the critical issue fast path process.
The court reaffirmed FERC's order eliminating the default offer cap, denying generators' claims that the changes to PJM's market seller offer cap deprived them of the ability to set their own rates.
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