PJM Markets and Reliability Committee (MRC)
The PJM Members Committee will convene a special meeting to vote on 20 proposals to revise the workings of the RTO's capacity market through the critical issue fast path process.
PJM's Markets and Reliability Committee discussed proposed issue charges on generator deactivations and reserve certainty, while the Members Committee endorsed a cost recovery structure for investments to comply with IROL-CIP requirements.
PJM's MRC will consider endorsement of manual revisions to conform to NERC TPL standards, followed by the MC weighing approval of creating a cost recovery structure for upgrades necessary for a generator designated as critical under NERC's CIP standards.
PJM stakeholders endorsed a proposal to create a cost recovery mechanism for generators which are required to make facility upgrades.
The PJM Markets and Reliability Committee and Members Committee will meet Thursday to discuss the Tariff, supply curves and cost recovery.
The PJM Markets and Reliability Committee voted to reject manual changes on the synchronized reserve requirement.
The PJM Markets and Reliability Committee and Members Committee have a list of items to consider at their meetings Wednesday.
The MRC endorsed a proposal to reduce penalties for generators that don’t meet their capacity obligations during performance assessment intervals.
PJM stakeholders provided feedback to the Board of Managers on a potential review of the IMM contract during the Markets and Reliability Committee meeting.
The PJM Markets and Reliability Committee on Wednesday endorsed a new renewable dispatch structure proposed by the RTO and the Independent Market Monitor.
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