Regulators, consumer advocates and the Market Monitor last week urged the Federal Energy Regulatory Commission not to change a crucial rule for PJM’s upcoming capacity auction, warning that it would allow generators to exercise market power.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 04/24/14. 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.

Stakeholders endorsed manual changes to implement dispatch rules for demand response and lessons learned from the extreme weather of the last year.

PJM Stakeholders endorsed rule changes to clarify that generation owners providing Tier 2 synchronized reserves will be measured in the aggregate when PJM evaluates their performance under a new penalty structure.

PJM wasn’t the only place the winter 2013-14 made its mark in the record books. MISO, the Southwest Power Pool and NYISO all hit all-time winter peaks during January’s polar vortex, while ISO New England came up just short.

January's record-setting cold pushed PJM’s load-weighted LMP to $126.80, more than three times the price in January 2012.

FERC clarified Order 784, its 2013 rule opening the ancillary services markets to more competition from energy storage.

Our summary of the issues scheduled for votes at the PJM MRC and MC on 02/27/14. 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.

FERC was within its rights to approve PJM’s controversial capacity market MOPR rule changes in 2011, a federal appeals court ruled.

PJM members endorsed rules describing when economic demand response is eligible for compensation, over the objections of some demand response providers, who said they are unfair.