May 23, 2024

PJM Quadrennial Review

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PJM MIC Briefs: May 1, 2024
The PJM Market Implementation Committee endorsed by acclamation a rewrite of Manual 18 to implement market redesigns drafted through the critical issue fast path process.
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PJM Stakeholders Approve New CONE Area for ComEd over Consumer Opposition
The PJM Markets and Reliability Committee overrode concerns from Illinois consumer advocates and regulators to create a fifth cost of new entry area for the Commonwealth Edison region.
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PJM MIC Briefs: March 8, 2023
The PJM MIC endorsed a problem statement and issue charge to explore multi-schedule modeling of combined cycle generators in the market clearing engine.
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PJM MRC/MC Briefs: Feb. 23, 2023
The PJM Markets and Reliability Committee endorsed an RTO proposal to increase the maximum number of bids a single corporate entity can enter into FTR auctions.
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Major Changes in 2022 Continue to Shape PJM Outlook in 2023
PJM's first order of business in 2023 will be a review of the “indicative” 2024/25 capacity auction results following concerns of artificially inflated prices.
No Consensus on PJM Capacity Parameters
PJM members failed to find consensus on any of four proposed sets of capacity auction parameters, with the RTO’s proposal falling short of the necessary votes.
PJM MRC/MC Briefs: July 27, 2022
PJM members approved a change to the Consensus Based Issue Resolution process and received briefings on options for capacity auction parameters.
PJM Market Implementation Committee Briefs: June 8, 2022
The PJM MIC discussed rules on including environmental credits in energy offers, setting pricing during market suspensions and DR for weather-sensitive load.

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