PJM last week asked FERC to delay next year’s Base Residual Auction to Aug. 14 to provide the RTO more time to respond to the commission’s June 29 order requiring changes to capacity market rules.
The commission ordered PJM to expand its minimum offer price rule (MOPR), which now covers only new gas-fired units, to all new and existing capacity receiving out-of-market payments. The commission’s ruling, which rejected PJM’s April “jump ball” capacity filing (ER18-1314) and partially granted a 2016 complaint led by Calpine (EL16-49), initiated a Section 206 proceeding in a new docket (EL18-178). (See FERC Orders PJM Capacity Market Revamp.)
PJM requested the delay in an Aug. 9 filing supporting the Organization of PJM States Inc.’s (OPSI) motion to extend to Oct. 11 the deadline for filing testimony, evidence or arguments in response to the FERC order (EL16-49, et al.).
The RTO asked the commission to issue an initial order directing a compliance filing by Jan. 15 and a final order on compliance by March 15. “This proposed schedule will provide PJM and capacity market sellers with approximately five months to undertake the Tariff imposed obligations in advance of the delayed BRA,” PJM said.
PJM, OPSI and more than a dozen other parties also have requested rehearing of the commission’s ruling, including industrial customers, the American Public Power Association, Exelon, Old Dominion Electric Cooperative, Dominion Energy, FirstEnergy Services, and regulators from Illinois, New Jersey and Maryland.
— Rich Heidorn Jr.
