PJM Markets and Reliability Committee (MRC)
The PJM MRC and MC both endorsed a proposal to rework the regulation market to operate with a single price signal and two products provided by market sellers.
The PJM Markets and Reliability Committee will consider endorsement of two competing proposals to implement multi-schedule modeling, while the Members Committee will endorse representatives for the Finance Committee.
The PJM Markets and Reliability Committee endorsed new generation winterization requirements, followed by the Members Committee approving three changes to the stakeholder process.
A summary of the agenda items scheduled to be brought to a vote at the PJM Markets and Reliability Committee and Members Committee meetings.
The PJM Markets and Reliability Committee rejected a proposal to change the rules for how generators with co-located load may enter into the capacity market during its Oct. 25 meeting.
The PJM Markets and Reliability Committee overrode concerns from Illinois consumer advocates and regulators to create a fifth cost of new entry area for the Commonwealth Edison region.
PJM's Markets and Reliability Committee and Members Committee will meet Oct. 25, with potential votes on creating a fifth cost of new entry area for the Commonwealth Edison zone in Illinois, the 2023 Reserve Requirement Study and capacity offers for generators with co-located load.
PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.
PJM's Markets and Reliability Committee and Members Committee will convene Sept. 20, with endorsement of revised peak market activity rules and issue charges related to generator deactivation rules and reserve certainty on the agenda.
PJM's Markets and Reliability Committee deferred voting on an issue charge to create a new senior task force focused on compensation for reliability-must-run contracts and the timing of deactivation notices.
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