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.

In a highly unusual move, PJM members Thursday balked at endorsing proposed manual changes governing when Economic demand response qualifies for payment.

Stakeholders last week agreed to develop technical standards for “smart” inverters that can allow solar PV and other renewables to provide reactive power.

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.

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.

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.

PJM‘s spending on black start generators will increase by at least $3 million — and perhaps as much as $21.6 million — under proposals outlined Thursday.

The PJM MRC endorsed manual changes to implement proposed capacity import limits and clarify rules on substitution of demand response resources.

PJM's Market Monitor would like to tell stakeholders the identifies of the handful of generators that received $350 million in uplift charges last year. But PJM officials said they are prevented from disclosing the names.

A proposed manual change on compensation for demand response prompted a protest from curtailment service provider Icetec Energy Services.