PJM MRC/MC Preview: Jan. 24, 2024
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PJM's Members Committee is slated to consider endorsing an overhaul to the RTO's regulation market with one price signal and two products representing a resource’s ability to adjust their output up or down.

Below is a summary of the agenda items scheduled to be brought to a vote at the PJM Members Committee meeting Wednesday. 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 in RTO Insider. 

The Markets and Reliability Committee also is scheduled to meet from 9 to 9:40 a.m. ET, but its agenda does not contain any endorsements or voting items. RTO Insider will cover the discussions and votes.

Members Committee

Consent Agenda

The committee will be asked to endorse as part of its consent agenda:

B. tariff and Operating Agreement revisions to implement PJM’s proposed overhaul of its regulation market. The new design would use a single price signal and rely on two products representing a resource’s ability to adjust its output up or down. (See “PJM Presents Regulation Market Rework,” PJM MRC/MC Briefs: Dec. 20, 2023.)

Issue Tracking: Regulation Market Design 

Ancillary ServicesPJM Markets and Reliability Committee (MRC)PJM Members Committee (MC)

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