There’s an important PJM meeting today — but you’ll have to listen in yourself if you want to know what happens.

The Liaison Committee’s irregular meeting with the Board of Managers will be held at 4 p.m. EDT today in Chicago.  The meeting is open only to PJM members and regulators. No public. No press.

“The members felt that they needed to have a forum where they could hold candid, informed and informal discussions with the Board,” committee secretary Dave Anders, manager of stakeholder affairs, explained in an email.

Anders noted that no decisions are made at these meetings, which are “simply opportunities for discussion.”

The fact that no decisions are made does not negate the import of these sessions, however. They are one of the few opportunities for members to observe and interact with the board: From 2009-2012, the Liaison Committee met an average of three times per year. And the four issues on today’s agenda have been the subjects of considerable controversy:

• The Independent Market Monitor’s 2012 State of the Market report and PJM’s responses to the IMM recommendations. (See “Monitor Calls for Fixes to Capacity, Reserve, Demand Response”)
• The results of May’s 2016/17 capacity market auction, including “imports, firm transmission, arbitrage opportunities, and credit risks.” (See “Capacity Auction Fallout: EnerNOC, Utility Stocks Hit; NJ Subsidy Strategy in Question”)
• PJM-MISO Joint and Common Market discussions. (See “PJM and MISO: Best of Frenemies.”)
• The comparability of demand response and generation, including “the differences, if any, between demand response that is provided by behind the meter generation and load reductions.“ (See “PJM Demand Response Providers Decry Scrutiny, ‘Freight Train’ of Changes.”)

The Liaison Committee will make an oral report on the meeting with the board at the next Members Committee meeting, Aug. 1.

Click here for details on listening to the meeting (only Liaison Committee members are permitted to speak).