variable operations and maintenance (VOM)
PJM CEO Manu Asthana said 40 GW in planned retirements and lagging construction of new generation is raising questions about long-term grid reliability.
The MIC endorsed a PJM proposal to bar critical gas infrastructure from DR programs that could jeopardize the reliability of gas-fired generators.
The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.
ISO-NE presented to the Planning Advisory Committee feedback on lessons learned from its competitive Boston-area transmission solicitation.
PJM stakeholders got their first look at the price floors that could be applied for capacity resources under the expanded minimum offer price rule.
The PJM Market Implementation Committee endorsed Manual 18 revisions that implement the new must-offer exception process approved by FERC last month.
NYISO debated the content of a draft study on the impact of public policy on the state grid and the ISO’s proposed changes to its carbon price calculation.
The MRC voted on four packages of revisions as part of PJM’s quadrennial review of the VRR curve, but none of the proposals received majority support.
PJM’s effort to include variable operations and maintenance costs in energy market cost-based offers appears to be on its way to FERC.
Fernandez told the PJM MIC that his staff are still completing calculations for retroactively reallocating costs for certain transmission projects.
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