The 2023/24 Base Residual Auction held by PJM in June yielded competitive results, the RTO’s IMM announced in a report released last month.

A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings on Oct. 20, 2021.

PJM asked FERC to delay the Dec. 1 capacity auction by almost two months, citing the commission’s recent revision to auction rules.

The PJM MIC OKd changes on fast-start pricing, 5-minute dispatch, solar-battery hybrids and an issue charge over energy efficiency in the capacity market.

PJM wants to modify the generator deliverability tests for light-load and winter periods as more renewable energy is set to come online.

PJM stakeholders affirmed OA language from the RTO’s mitigation proposal endorsed in February to avoid critical infrastructure projects.

FERC received dozens of comments on the final day for stakeholders to answer questions on the future of PJM’s capacity market.

PJM stakeholders endorsed an issue charge regarding the allocation of capacity transfer rights after delaying the vote last month.

PJM put a vote regarding CTR allocation on hold and discussed capital recovery factors as well as its long-term five-minute dispatch and pricing issue.

Transmission owners will continue receiving a 10.02% ROE, FERC said, rejecting complaints from consumer organizations and Commissioner Glick.