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May 18, 2024

uplift

PJM
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.
© RTO Insider
PJM MRC/MC Briefs: Dec. 17, 2020
PJM's Markets and Reliability and Members Committees met to discuss market rules, tariff revisions and elect several new members.
NYISO Monitor Highlights Out-of-market Dispatch
The NYISO markets performed competitively in the third quarter, but the use of OOM actions to meet reliability was a concern, the MMU said.
© RTO Insider
PJM MIC Briefs: Dec. 2, 2020
PJM's Market Implementation Committee reviewed proposed manual language changes regarding financial transmission rights and UTC uplift.
PJM MIC Briefs: Nov. 5, 2020
PJM stakeholders endorsed the RTO’s package on updates to real-time value market rules that call for additional penalties for generation operators.
FERC Orders Uplift Charges on PJM UTCs
FERC ordered PJM to begin billing up-to-congestion transactions for uplift, calling the RTO’s current rules unjust and unreasonable.
FERC Queries PJM on Virtual Transaction Rules
PJM must provide FERC with a refreshed briefing on whether the RTO still wants to charge uplift on all virtual trades in light of recent market changes.
More Work Needed for MISO, SPP on Transparency, FERC Says
FERC ordered MISO and SPP to make additional Tariff changes to comply with the transparency requirements of Order 844 while approving PJM’s filing.
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.
PJM
FERC Upholds Orders on PJM Virtual Trading Nodes, Uplift
FERC rejected requests for rehearing of its ruling reducing the number of bidding nodes for virtual transactions in PJM, and upheld its rejection of the RTO’s proposal to allocate uplift to UTCs.

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