June 24, 2024

transmission constraint penalty factor (TCPF)

PJM: Grid Performed Well During January Winter Storm
PJM said the grid maintained reliability through nearly a week of harsh winter conditions during the winter storm that blanketed much of the nation in mid-January.
DC Circuit Sides with FERC on Alleviating Spiking Prices in Virginia
The United States Court of Appeals for the District of Columbia Circuit sided with FERC, upholding its decision to suspend PJM's transmission penalty factor when it was driving up prices in Virginia.
PJM MRC/MC Preview: May 31, 2023
The PJM Markets and Reliability Committee and Members Committee have a list of items to consider at their meetings Wednesday.
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FERC Approves Termination of FTR Trader’s Member Status
FERC granted PJM’s request to terminate the membership of Hill Energy Resource & Services following the company’s failure to pay invoices on time in 2022.
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FERC Approves PJM Proposal to Reduce Congestion Penalty During Grid Upgrades
FERC approved a PJM proposal to allow it to reduce the TCPF under a set of circumstances that PJM argued becomes punitive to load without providing any benefit.
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PJM MRC Briefs: Nov. 16, 2022
The PJM Markets and Reliability Committee endorsed an RTO-sponsored package to standardize variable operations and maintenance costs.
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PJM MRC Briefs: Oct. 24, 2022
PJM CEO Manu Asthana said 40 GW in planned retirements and lagging construction of new generation is raising questions about long-term grid reliability.
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FERC Approves Pause of PJM Transmission Constraint Penalty Factor in Virginia
FERC approved a temporary halt to PJM’s transmission constraint penalty factor rules in Virginia’s Northern Neck peninsula.
FERC OKs PJM Tx Constraint Penalty Factor Changes
FERC approved PJM Tariff changes designed to be compliant with Order 844 by improving participants’ insight into transmission constraint penalty factors.
Potomac Economics
NYISO Order 844 Tariff Revisions Approved
FERC accepted NYISO’s Order 844 filing, which establishes procedures for reporting uplift payments, operator-initiated commitments and more.

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