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July 23, 2024

PJM Power Providers Group (P3)

PJM Interconnection
Stakeholders Spar over PJM Request to Recalculate Capacity Auction Results
Stakeholders filed comments debating PJM’s request that FERC direct it to recalculate the results of the 2024/25 Base Residual Auction and rerun the third Incremental Auction.
© RTO Insider LLC
3rd Circuit Rejects Challenges to PJM MOPR, Affirms Authority over FERC Deadlocks
The 3rd U.S. Circuit Court of Appeals upheld FERC's 2021 approval of PJM's tightened minimum offer price rule, which removed a requirement that resources receiving state subsidies be mitigated to their cost-based offer.
© RTO Insider LLC
FERC Explains Denial of Rehearing on Cold Weather Standard
FERC said petitioners' call to overturn its approval of EOP-012-1 was outside the scope of the proceeding.
© RTO Insider LLC
MACRUC Panels Discuss Myriad Challenges Facing PJM
Panelists held several discussions on interregional transmission planning, resource adequacy and the risks posed by extreme weather during the Mid-Atlantic Conference of Regulatory Utilities Commissioners (MACRUC) annual educational conference held from June 26 through 28.
FERC
Panelists Debate PJM Capacity Market at FERC Forum
PJM officials and stakeholders told FERC they oppose abandoning the RTO’s capacity market but disagree over the degree to which it needs to be changed.
© RTO Insider LLC
P3 Challenges FERC Ruling on PJM Changes to 2024/25 BRA at 3rd Circuit
PJM Power Providers asked the 3rd U.S. Circuit Court of Appeals to overrule a FERC order allowing PJM to recalculate reliability requirement parameter for BRAs.
Matthew T. Rader, CC BY-SA 4.0, via Wikimedia Commons
FERC Denies Rehearing of Cold Weather Standard
FERC said last week that “by operation of law” it would not reconsider its approval of one of NERC’s new cold weather reliability standards.
© RTO Insider LLC
PJM Generators Say BRA Results Show Market Dysfunction
Generation owners in PJM say declining capacity prices and market participation in the Base Residual Auction demonstrate underlying issues with the market.
© RTO Insider LLC
FERC Approves PJM Quadrennial Review
FERC accepted revisions to PJM’s tariff that the RTO proposed via its Quadrennial Review of the parameters underlying its Reliability Pricing Model auctions.
© RTO Insider LLC
PJM Defends Quadrennial Review Parameters from Generator Protests
PJM defended the proposed capacity auction parameters in its quadrennial review before FERC against two protests from the generation sector.

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