PJM's Market Implementation Committee endorsed one of several packages to create new rules for generators with co-located load and rejected four proposals revising how generators providing reactive power service are compensated.
A summary of FERC orders explaining why it denied rehearing request, which are automatically deemed denied unless the commission acts within 30 days.
PJM's Market Implementation Committee discussed potential changes to reactive power compensation and the progress of developing new market clearing engine software.
The MIC voted against endorsing a proposal to expand the scope of the Reactive Power Compensation Task Force to include discussion of existing service rates.
FERC approved MISO’s Transmission Owners’ request to eliminate reactive power compensation for generators, cutting a $220 million annual revenue requirement.
MISO transmission owners have filed with FERC to eliminate all reactive power and voltage control charges from their own and affiliated generation resources.
PJM wants to advance discussions in the Resource Adequacy Senior Task Force to evaluate the RTO’s need for procuring additional reliability-based generation.
FERC approved an inquiry into how reactive power capability should be compensated in the face of changing conditions on the nation’s electricity grid.
After several months of debate, PJM stakeholders endorsed an issue charge aimed at addressing compensation for reactive supply and voltage control service.
PJM stakeholders endorsed a proposal to address regulation for virtual combined cycle units, but some were concerned that the work will be too complex.
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