PJM Markets and Reliability Committee (MRC)

PJM Proposes Generic Transition Rule for Capacity Market Changes
Members reacted warily to a proposed generic transition mechanism that would hold capacity providers harmless for future rule changes.
MRC / MC Preview
Our summary of the issues scheduled for votes at the PJM MRC and MC on 03/27/14. 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.
PJM Price Forecasts: Close Enough for Power Trading?
The scheduling tool that would be used to optimize power trading between PJM and NYISO is accurate within $5/MWh more than two-thirds of the time, according to a new analysis provided to members last week.
PJM Won’t Act Alone on Black Start
PJM won’t seek additional compensation for black start generators in the face of stakeholder opposition, officials told members Friday. Instead, members of the task force studying the issue will be polled to determine their next step.
Education Sessions Set on Smart Inverters
The Electric Power Research Institute will lead an educational session on smart inverters March 31 as the Planning Committee begins work on developing standards for the devices.
PJM Adds Controversial Demand Response Rules
PJM said it will change Manual 11’s rules regarding compensation for demand response despite a lack of stakeholder support.
Second Time Not the Charm
PJM’s attempt to address speculation in the capacity market collapsed Thursday as members failed for the second time in three months to reach consensus on rule changes.
Manual Change on DR Compensation Rejected; 3 Others OK’d
In a highly unusual move, PJM members Thursday balked at endorsing proposed manual changes governing when Economic demand response qualifies for payment.
Enhanced Inverters Clear MRC
Stakeholders last week agreed to develop technical standards for “smart” inverters that can allow solar PV and other renewables to provide reactive power.
Stakeholders Approve Gas-Electric Communication
PJM Members last week approved revisions to the Operating Agreement to allow PJM to share non-public operational information with natural gas pipelines and local distribution companies.

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