reliability-must-run (RMR) agreements
PJM stakeholders delayed voting on five proposals to rework the notification deadlines for generation deactivations and how compensation for reliability-must-run contracts is determined.
Several public interest organizations have filed a complaint with FERC contending PJM’s capacity market inflates consumer prices by not counting generators operating on RMR agreements as a form of capacity.
Texas’ regulatory commission has adopted a reliability standard for the ERCOT region, one of several policy parameters that will be used in upcoming analyses for the proposed performance credit mechanism market design.
ERCOT’s rule change to the Nodal Operating Guide that imposes voltage ride-through requirements on inverter-based resources has been partially approved, but much work remains.
A spike in PJM capacity prices and generator deactivations could increase monthly costs in Maryland by as much as 24% for some.
Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
PJM has requested that Talen Energy continue operating a portion of its H.A. Wagner Generating Station an additional three years beyond its requested 2025 deactivation date.
PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.
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.
The OC endorsed a joint proposal for PJM, transmission owners and market participants to increase information sharing ahead of extended transmission outages.
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