uplift
PJM's Market Monitor told FERC that proposals by the RTO and a marketer to change the FTR forfeiture rule would weaken protections against market manipulation.
A round-up of news from the PJM Planning Committee on May 7, 2015.
If FERC keeps its word, virtual traders in PJM should have clarity by the end of October on whether up-to-congestion transactions will be subject to additional charges.
The PJM Markets and Reliability Committee tabled voting until next month on a proposal to tighten rules on lost opportunity costs for combustion turbines.
Our summary of the issues scheduled for votes at the PJM MRC and MC on 03/26/15. Each item is listed by agenda number, description and projected time of discussion, followed by a summary of the issue and links to prior coverage.
Last winter’s cold raised concerns about economic withholding, the PJM Independent Market Monitor said in its annual State of the Market report.
PJM’s request to raise the cost-based energy offer cap to $1,800/MWh through March drew a flurry of comments and protests in the days before Christmas.
UTCs in PJM have dropped by about 85% since September, after the FERC said it might make the transactions liable for uplift assessments.
A round-up of news from the PJM Market Implementation Committee (MIC) on Oct. 8, 2014.
The PJM MRC heard first read Thursday on proposed rule changes to day-ahead resource commitment and scheduling reserve requirements.
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