The PJM Market Implementation Committee endorsed manual revisions that define how distributed energy resources will participate in the 2028/29 capacity auction.

The PJM Market Implementation Committee endorsed a package of revisions to Manual 18.

The PJM Market Implementation Committee voted to endorse two packages of revisions to key parameters of the capacity market out of six offered by PJM and stakeholders that resulted from the Quadrennial Review.

The Market Implementation Committee endorsed a proposal to allow demand response resources with behind-the-meter storage to participate in the regulation market when there is the capability for energy injections.

Key challenges in the review are tightening supply and demand, the uncertain cost of new capacity and accounting for changes PJM has made to how it identifies reliability risks and determines the capacity value for different resource types.

PJM saw its highest peak loads in over a decade during a heat wave that stressed the Mid-Atlantic region from June 22 to 26.

PJM’s Market Implementation Committee discussed a proposal to revise its governing documents to allow DR resources to participate in the regulation market when there may be energy injected at the customer’s point of interconnection

The Market Implementation Committee endorsed a joint PJM and Independent Market Monitor proposal to rework how uplift and deviation charges are calculated for market sellers.

The PJM Market Implementation Committee endorsed a proposal to revise the base formula rate for compensating black start resources.